GBPUSD remains in a range. Good support at 1.5308 area below

The GBPUSD remains in a narrowing range today.  Good support comes in at the 1.5308 level where no fewer than 5 tests of the level have been made over the last 24 hours.  The topside today tried to break above the 38.2% at the days high, failed and then used the level as resistance on the next high (see chart above).  Lower lows. Higher highs. Narrowing range.  Decision time looms for the pair.

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