• Sterling climbed towards a recent two-week high against the struggling dollar on Monday, gaining from day's lows by 1.5307
  
  
• The pair is currently trading at 1.5361, not far from a two-week high of 1.5382 struck on Friday, where gains in the pair were capped
  
  
• Major resistance is located at 1.5382 (Daily High Oct 9) and support on the downside is seen at 1.5315 (Session Low Oct 12)
  
  
• UK inflation & earnings data this week will be in focus, CPI (due Tuesday 0830GMT) Zero f/c for Sept, ILO jobless rate f/c 5.5%, Claimant count f/c -2.1k
  
  
• Breaks above 1.5390 could buoy bulls and momentum to carry on till 1.5448 levels (61.8% Fibo 1.5659-1.5107)
  
  

Recommendation: Good to sell rallies around 1.5370/75, SL: 1.5400, TP: 1.5315

Resistance Levels:

R1: 1.5382 (Daily High Oct 9)

R2: 1.5383 (Kijun-Sen)

R3: 1.5400 (Psychological Level)

Support Levels: 

S1: 1.5315 (Session Low Oct 12)

S2: 1.5301 (Daily Low Oct 9)

S3: 1.5261 (Daily Low Oct 8)