FxWirePro: GBP/USD struggles to break above 1.4580, good to sell on rallies

• Major resistance - 1.4580 (trend line joining 1.5240 and 1.46633)
   
• Cable has retreated after making a high of 1.45635 yesterday and started to decline from that level . It is currently trading around 1.4492. Short term is weak as long as resistance 1.4580 holds.
   
• On the lower side major support is around 1.4450 and any break below targets 1.4400/1. weakness can be seen below 1.4320.
   
• Any break above major resistance 1.4580 will take the pair till 1.4650/1.4680 level.

It is good to sell on rallies around 1.4545-50 with SL around 1.4580 for the TP of 1.4380/1.4320