Open trading account 
The cable continues to follow the upward channel very nicely which can be seen in the chart below. So my bias for the cable is positive above 1.3300 and I'll be looking to buy the pound strength.
Now the first support comes in at around 1.3513 - 1.3496. Why? Well we've got plenty of reasons for that, let's see - monthly opening range lows (will be sure to explain monthly, weekly & daily ranges sometime soon) ranges shown in light white box, Dec 2017 resistance area shown in green rectangle, weekly as well as daily pivot support, hourly down channel support line not shown (now you choose :P).
As of this writing, prices are testing the area mentioned above & if that hold I'll look to buy the pair and will keep my target at around 1.3660 (last year high). And if the support breaks, I'll keep an eye on the 1.3450 region.
Now the first support comes in at around 1.3513 - 1.3496. Why? Well we've got plenty of reasons for that, let's see - monthly opening range lows (will be sure to explain monthly, weekly & daily ranges sometime soon) ranges shown in light white box, Dec 2017 resistance area shown in green rectangle, weekly as well as daily pivot support, hourly down channel support line not shown (now you choose :P).
As of this writing, prices are testing the area mentioned above & if that hold I'll look to buy the pair and will keep my target at around 1.3660 (last year high). And if the support breaks, I'll keep an eye on the 1.3450 region.
