FxWirePro
Long

Cable forms bullish gartley in hourly chart, good to buy at dips

FX:GBPUSD   British Pound/U.S. Dollar
321 1 8
Cable declined till 1.5525 after making a high of 1.56328 yesterday. Overall trend is still bullish as long as support 1.5460 holds.

Any break below 1.5460 will drag the pair down till 1.5430/1.5400.

On the higher side minor resistance is around 1.5550 and any break above would extend gains till 1.5580/1.5630.

It is good to buy at dips around 1.5510-15 with SL around 1.5460 for the TP of 1.5625
DerekUweri71
a year ago
Good call!!
Reply
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