Cable breaks major support 1.4970, targets 1.4860

FX:GBPUSD   British Pound / U.S. Dollar
360 0 3
Major resistance - 1.4970 ( trend line joining 1.51629 and 1.5107)

Cable has broken major support 1.4970 and confirms major trend reversal a decline till 1.4900/1.4855.

On the higher side minor resistance is around 1.5000 and break above targets 1.5030.

It is good to sell on rallies around 1.4965-1.4970 with SL around 1.5030 for the TP of 1.4860

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