Cable was as well having an upward trend last week. Moving from a VERIFIED SUPPORT @1.35886 part and on 27th formed an UNTESTED SUPPORT level ( Check chart ) @ 1.36785.


POSSIBLE MARKET MOVES


Presently, price has been rejected at an UNTESTED resistance level way from 18th Aug @1.37905 . Moving closer to a stop point line @1.37388.

There is a serious tendency that the price will break UNTESTED RESISTANCE level to the PROVEN level.

NOTE: The trend has not break upper .... we still on a lower trend!!!

observe every RISK MANAGEMENT measures
Trend Analysis

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