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FxWirePro- Major Pair levels and bias summary 
- Cable breaks the psychological resistance at 1.3000 and jumped till 1.30475 highest since Oct 2016 on account of better than expected U.K retail sales. UK retail sales came at 2.3% for the month of Apr compared to forecast of 1.2%. It is currently trading around 1.3003.
- GBP/USD shown minor profit booking after hitting 7- month high. The pair came down till 1.2887 and recovered once again above 1.3000. On the higher side, any close above 1.3000 confirms bullish continuation and a jump till 1.3050/1.3088/13120 likely.
- Cable major support is around 1.2950 and any break below will drag the pair down till 1.2900/1.2860.Any short term weakness can be seen only below this level. Any violation below targets 1.2775 (daily Kijun-Sen)/1.2705.
It is good to buy on dips around 1.3000 with SL around 1.2940 for the TP of 1.3080/1.3120.
