FxWirePro
Short

Cable breaks short term trend line support, targets 1.5480

FX:GBPUSD   British Pound/U.S. Dollar
552 1 10
GBP/USD             has broken short term trend line support 1.5575 and this confirms short term weakness, a decline till 1.5480 is possible.

On the downside minor support is around 1.5550 and break below targets 1.5530/1.5480 level in short term.

The pair’s strong resistance is around 1.5680 and break above will take the pair to 1.5750/1.5800 level.

The minor resistance is around 1.5600/1.5630/1.5650.

It is good to sell on rallies around 1.5600 with SL around 1.5650 for the TP of 1.5480
GcNaif MOD
a year ago
good call man. i would love if that green support line also gets broken .
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