- Cable has shown a major pullback after making a low of 1.27680 and hits 1.29208 level. The pair movement is driven by political uncertainty in U.K. GBP declined against all majors yesterday European session as YouGov model suggests hung parliament after elections. But sudden recovery has happened after other polls indicate quite a substantial lead for PM May. The pair is currently trading around 1.28759.
- On the higher side, minor resistance is around 1.2925 (10- day MA) and any break above will take the pair till 1.2950/1.3000. Any major bullishness can be seen only above 1.3050.
- Cable major support is around 1.2750 (Apr 21st low) and any break below will drag the pair down till 1.2705/1.2600.
It is good to sell on rallies around 1.2915 with SL around 1.2955 for the TP of 1.2765.


DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro: AUD/USD eases as investors await U.S. employment figures
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD slips after surprise U.S. employment data
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro- Major Crypto levels and bias summary 



