GBPUSD 30-Minute Chart Pivot Levels for 08/14/2015

This is porbably one of the strongest pivot levels I have seen on the GBP/USD Forex pair in a long time. The 30-minute chart clearly shows how many times the 1.5610 area has been respected as support/resistance over the past two days. This level is likely to now act as support as price is trading above this area.