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.
Andyle
2 years ago
Thanks.
Reply
oleg.golubovich
2 years ago
Just curious - why do you call it 'a cable'? :)
Reply
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