FxWirePro
Short

Cable is struggling to break trend line resistance,targets 1.519

FX:GBPUSD   British Pound/U.S. Dollar
504 2 9
GBP/USD             is struggling to break above 1.5310 ( Trend line resistance) and this confirms intraday weakness, a decline till 1.5180 cannot be ruled out .

On the upside minor resistance is around 1.5310 and any break above would extend gains till 1.5360/1.5430.

The pair’s minor support is around 1.5248 and break below will drag the pair further down till 1.5180

It is good to sell on rallies around 1.5280 with SL around 1.5315 for the TP of 1.5190.
Just curious - why do you call it 'a cable'? :)
Reply
Thanks.
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out