GU Setup

The cable have broken resistance level 1.39000 with an objective to collect some SELL ORDERS @ 1.4000, which it has done on friday 7th during NY session, Pound next objective seems to be 1.42000, however it may likely re-collect some BUY ORDERS at 1.39000,,, thereby retesting of previous support levels 1.39500, 1.39200 is eminent. @ 1.400, 1.3980 we see how it deals around.