As written earlier GBP trading above 9725 will signal the start of wave v. Just now Cable cleared above the 9735 resistance. Above this 9755/9815-30/9915 are the resistances.
Supports at 9665/20 and 9600 are light and 9540 being the support for this uptrend.
We think that sub minuette wave i of this wave v should end before 9755 or 9830 level paving way for the wave ii retracement.
STRATEGY: For today SHORT from 9735 level with STOP above 9760 and TARGET as mentioned above.
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