GBP/USD Intra-Day Technical Analysis - waiting to break the levels

M5 price is located below SMA with period 100 (100-SMA) and below SMA with the period 200 (200-SMA) for the secondary ranging within the following key levels:

• 1.5341 key support level located on the bearish area of the chart below 100-SMA/200-SMA; and
  
• 1.5367 key resistance level located above 100-SMA/200-SMA in the bullish area of the chart.
  

• If the price will break 1.5367 resistance level on close M5 bar so we may see the reversal of this pair to the primary bullish trend on M5 timeframe.
  
• if price will break 1.5341 support so the bearish trend will be continuing.
  
• if not so the price will be ranging within the levels for direction.
  

• Recommendation to go short: watch the price to break 1.5341 support level for possible sell trade
• Recommendation to go long: watch the price to break 1.5367 resistance level for possible buy trade
• Trading Summary: ranging

SUMMARY : ranging

TREND : waiting for direction