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FxWirePro
May 21, 2015 5:14 AM

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

British Pound/U.S. DollarFXCM

Description

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
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