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FxWirePro
Jul 8, 2015 6:54 AM

Cable trades below 200 day MA, decline till 1.5300 is possible Short

British Pound/U.S. DollarFXCM

Description

GBP/USD is trading weak and any intraday bullishness can be seen only above 1.5480.The minor support is around 1.5400 and break below targets 1.5355/1.5300/1.5250 in short term.

Any break above 1.5480 would extend gains till 1.5500/1.5530.

It is good to sell around 1.5430-35 with SL around 1.5480 for the TP of 1.5355/1.5305
Comments
reteid2222
Thank you!!
eb0b1852b8a04587a2caaf3b2b02a1
Good job!
FiresJVV
Might go as low as 1.5100?
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