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
Nicemate
a year ago
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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