Cable breaks short term trend line ,targets 1.5500
GBP/USD has formed double bottom around 1.5350 and recovered from that level. Intraday tend is bullish as long as support 1.5375 holds.
On the upside minor resistance is around 1.5430 and any break above would extend gains till 1.5470/1.5520 in short term.
It is good to buy at dips around 1.5408-410 with SL 1.5375 for the TP 1.5470/1.5520.
On the upside minor resistance is around 1.5430 and any break above would extend gains till 1.5470/1.5520 in short term.
It is good to buy at dips around 1.5408-410 with SL 1.5375 for the TP 1.5470/1.5520.