FxWirePro
Long

Cable breaks minor trend line resistance at 1.519,targets 1.528

FX:GBPUSD   British Pound / U.S. Dollar
802 1 18
Cable has broken major trend line resistance around 1.5190 which confirms short term bullishness, a jump till 1.5250/1.5288 cannot be ruled out.

Intraday weakness can be seen only below 1.5160 and any break below 1.5160 will drag the pair till 1.5130/1.5070.

Overall bearish invalidation only above 1.5290 level.Any break above targets 1.5340/1.5370.

It is good to buy at dips around 1.5195-98 with SL around 1.5160 for the TP of 1.5285
It's sort of hitting the 0.618 retracement of the whole upward movement from 1.51460 to 1.52136, at the moment. Would it be a decent idea to jump in the trade on this pullback ?
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