GBPUSD Sideways Is The PLan

The  GBPUSD has traded sideways in a consolidation zone to start the week.  similar to the EURUSD  A break of the range could dictate the price action to start the week.  A break below range support at 1.62 could lead to a test of the descending trend line at 1.6130  This level is past resistance and could act as support in the future.  A push above the top of the range at 1.63 could lead to a test of the 1.64 level.  At 8:30 GMT Tuesday the Consumer Price Index report is due.

Sup    1.62          1.6130

Res    1.63           1.64

Keane Plan....Waiting for a break of the opening range.

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