FxWirePro
Short

Cable trades below 1.4320, targets 1.4145

FX:GBPUSD   British Pound/U.S. Dollar
206 0 3
Major resistance -1.4360 (support turned into resistance)

The pair has recovered after making a low of 1.4244. It is currently trading around 1.42921. Short term trend is bearish as long as resistance 1.4360 holds.

On the lower side major support is around 1.4240 and break below targets 1.4180/1.4140.

Any break above 1.4360 will take the pair till 1.44400/1.4450 level.

It is good to sell on rallies around 1.4290-95 with SL around 1.4360 for the TP of 1.4240/1.4180/1.4140
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