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- GBP/USD sidelined in Asia to start the week after a slight gapdown open on the day
- Hawkish BOE comments at the weekend keep the pair supported, cable edged higher from day's lows at 1.5423
- Weale said UK rates need to rise "relatively soon", Weale & Forbes are likelt to join McCafferty in voting for UK rate hike in Q4
- Cable currently trades at 1.5464, with immediate resistance at 1.5465 (21 DMA) ahead of 1.5476 (Daily High Sep 10)
- On the downside supports are located at 1.5428 (Hourly Cloud Top) and then at 1.5408 (Hourly Cloud Base)
R1: 1.5465 (21 DMA)
R2: 1.5476 (Daily High Sep 10)
R3: 1.5492 (50% of 1.5820 - 1.5164)
Support levels:
S1: 1.5428 (Hourly Cloud Top)
S2: 1.5408 (Hourly Cloud Base)
S3: 1.5351 (200 DMA)
