GBP/USD Forecast November 20, 2015, Technical Analysis

The GBP/USD pair had a volatile session on Thursday, as we rose towards the 1.5350 level, but found it to be a bit too resistive. We also fell to the 1.52 level as well, and that area proved to be supportive. With this, it looks like the market is going to try to fight as well a bit higher but it is going to be very volatile. We will keep ourselves on the sidelines at the moment, simply because there are easier trades out there to be had, and with this we are simply observing.