FxWirePro

Cable takes support near trend lin, jump till 1.5725 is possible

Long
FX:GBPUSD   British Pound / U.S. Dollar
4
GBP/USD short term weakness only below trend line support 1.5490 and below that it can reach till 1.5440/1.5390.It is expected to recover till 1.5800 from this level.

The minor resistance are 1.5630/1.5675/1.5725.

It is good to buy around 1.5550 with stop around 1.5490 for the target of 1.5725
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.