FxWirePro
Short

Cable breaks below 1.5600 handle, targets 1.5480

FX:GBPUSD   British Pound / U.S. Dollar
339 0 3
Cable is trading within narrow range 1.56771 and 1.55483 for the past two trading session.

Today it went up to 1.56438 in Asian session and pared its gains once European session started.

Overall trend is still weak as long as resistance 1.5690 holds. Any break above confirms short term bullishness , jump till 1.5745/1.5800 cannot be ruled out .

On the downside any break below 1.5600 will drag the pair further down till 1.5570/1.55500/1.5525 in short term.

It is good to sell on rallies around 1.5595-560 with SL around 1.5650 for the TP of 1.5525/1.5465
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out