Fxwirepro: Cable Trend Reversal Only Below 1.5650, Good to Buy at Dips

  • GBP/USD has taken support around 1.5650 and any further weakness can be seen only below that level.
  • On the higher minor resistance is around 1.5730 and break above would extend gains till 1.5770/1.5800.
  • Break below 1.5650 will target 1.5600/1.5550 level.

It is good to buy at dips around 1.5685 with SL around 1.5650 for the TP of 1.5768/1.5800

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