1.2538 the high as stops get tripped through 1.2520/25
Just as the dollar starts to turn south again, cable rallies up through resistance.
GBPUSD H4 chart
The next target is around the old 38.2 fib and 4th Feb highs around 1.2540/45, then 1.2575/80. A break above 1.2600 sets a target on the 50.0 fib so the Sep drop.
I'm busted on my cable trade now after support held at 1.2500, that's now the main support point here but look for this break level of 1.2520/25 to hold some too now.
