GBP/USD is expected to swing near low and firm up as market surprise; GBP has made the higher level consolidation and made the drop as expected from 1.5331 to 1.5088 area yesterday.

Today the trading range during Japanese session is 1.5100 -1.5159. GBP is expected to make a quick drop and recovery move below the low during the early European session and then swing and firm up during mid European session to drop again during late European and early US session and then rise quickly upward from mid US session to go above the high set for today.

Forex Analysis by Dr. Sivaraman at ForexPros. com. For more details about Forex Trading and Tips for decent earnings through Forex Trading, Please check ForexPros. com