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Short

Cable breaks major support at 1.3940, targets 1.3835/1.3780

FX:GBPUSD   British Pound/U.S. Dollar
394 1 7
Major resistance -1.4020

Minor resistance - 1.3980

Cable has broken major support 1.3940 and this confirms minor weakness, a decline till 1.3830/1.3780 is possible .

It is good to sell on rallies around 1.3925-1.3930 with SL around 1.3980 for the TP of 1.3835/1.3780
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