|GBP-USD @ 1.5997/99...Bullish. Might rise further|
|R: 1.6080-6100 / 1.6180-6200 / 1.6300|
S: 1.5950 / 1.5900-5880 / 1.5820-00
Cable witnessed a sharp rise during the day. However, it has come off from its high of 1.6059 and is now trading just below 1.6000. The broader outlook remains bullish with strong Support in the broad 1.5950-00 region which is expected to hold in case if further downmove is seen from current levels in the coming sessions. A further rise to 1.6100-200 can be seen in the coming sessions/days.
Limit Buy Order: