- Major resistance - 1.5250
- Cable is trading between 1.4945 and 1.4805 for the Past two weeks. Short term trend is still weak as long as resistance 1.5250 holds.
- The pair has made a low of 1.4805 (22nd Dec 2015) and started to recover from that level.
- Short term resistance is around 1.5100 and break above targets 1.5160/1.5240.
- Overall bearish invalidation only above 1.5250.
- On the downside major support is around 1.4800 and break below will drag the pair down till 1.4720/1.4650/1.4560 level.
It is good to sell on rallies around 1.5100 with SL around 1.5250 for the TP of 1.4720/1.4630/1.4560


FxWirePro: GBP/AUD edges lower, remains on bearish path
JPY Majors Currency Score (15 min): NZDJPY Crashes to Extreme Bearish -100, CHFJPY Turns Sharply Bearish
FxWirePro:EUR/NZD gains slightly as ranges remain tight ahead U.S. inflation report
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR eyes downside as dollar eases after US CPI data
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
FxWirePro: USD/CAD firms slightly, but downward resumption looks likely
FxWirePro: AUD/USD in holding pattern as market await fresh catalyst
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target
FxWirePro: EUR/AUD dips as Aussie gains after RBA decision
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
FxWirePro: NZD/USD drifts lower as markets await US inflation data
FxWirePro- Woodies pivot (Major)
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish at 100, USDCAD Extremely Bearish at -100 – Key Major Levels to Watch 



