GBPUSD : Cable testing the resistance

Cable is above EMA 50 and EMA 100. RSI headed North.

If it closes above 1.39800, it is likely to test 1.40280 and 1.40600.

Breakout of the triangle will trigger the Bulls.

Kommentera:

Cable tested the triangle resistance and pulled back. Correction Fib 23.6 1.40230 and 38.2 1.40000 . Good levels to enter LONG.