GBPUSD Pivot Points Analysis - key support level to be broken for S1 Pivot as the target

W1 price is located to be below yearly Central Pivot at 1.5946 and above S1 Pivot at 1.4702 on the primary bearish market condition with the secondary ranging:

• The price is on bearish ranging within 1.5946 Central Pivot and the first support level at 1.4702.
• The price is breaking 1.5026 support level from above to below for the bearish trend to be continuing.

• If weekly price will break 1.5026 support on close weekly bar so the primary bearish market condition will be continuing up to S1 Pivot at 1.4702 as the next bearish target, otherwise the price will be ranging within yearly Central Pivot and yearly S1.

The Strategy. Watch the price to break 1.5026 support level on close W1 bar for possible sell trade with the target to be near above 1.4702.