Open trading account 
Following decent UK labour market figures and then later slightly weaker than expected US inflation report, Cable rose a cent and a half on the day with the daily range of two cents. The pair took stops above 1.55 up to 1.5530 before pulling back and stalling ahead of 50 and 100 DMA.
1.5520 - 1.5530 (High Of Day, 50 DMA, 100 DMA, Previous Day High) is the initial resistance before 1.5545 - 1.5570 (Weekly Resistance 1, 50's, 61.8% retracement of the September 4th to September 10th upswing, Daily …
1.5520 - 1.5530 (High Of Day, 50 DMA, 100 DMA, Previous Day High) is the initial resistance before 1.5545 - 1.5570 (Weekly Resistance 1, 50's, 61.8% retracement of the September 4th to September 10th upswing, Daily …