• Cable recovered till 1.5246 yesterday and retreated till 1.5176.  It is currently trading at 1.52180.
  • On the higher side major resistance is around 1.5262 and break above will take the pair to new level till 1.5300/1.5360 level.
  • The pair’s support is around 1.5200 and any break below 1.5200 will target 1.5160/1.5130

It is good to buy at dips around 1.5170 with SL around 1.5130 for the TP of 1.5230/1.5260

The material has been provided by InstaForex Company – www.instaforex.com