Cable rally continues as the perky pound prevails

What a great pair!

Spends ages trying to get through 1.5200 and then, in a flash, triggers stops through 1.5220-30 resistance to post 1.5242

I’ve not got involved so far in this move up. Still looks bid but we know how quickly this pair can fade so I’m hoping for a break of 1.5250 to trigger a move to the bigger resistance into 1.5275 then 1.5300 for a better value short entry. If we stall around current levels ( 1.5240) then I’ll perhaps rein in my expectations.

I could be peeing against the wind but it’s not time to break the habit of a lifetime just yet.

Support should come in around 1.5220, 1.5200 and ultimately 1.5150,give or take a pip or two.Never any need to get anal on these levels

GBPUSD 1m 4 Feb

GBPUSD 1m 4 Feb

Best in 2026

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access