The pair has broken major resistance yesterday but not be able to hold at higher levels. Cable has started to fall after making a high of 1.4448. It is currently trading around 1.44076.
On the higher side any break above 1.4450 will take the pair to next level around 1.4500/1.4600.
The pair’s support is around 1.4370 and break below targets 1.4300/1.4240.
It is good to sell on rallies around 1.4090-1.4100 with SL around 1.4450 for the TP of 1.4350/1.4300