Cable has been hit hard during the last sessions and is now rebounding from last significant support area around 1,5800- 1,5760 against the U.S. dollar. Shorter time frames signal a further bull move until 1,5915 resistance and 30SMA on 1 hour chart. If broken a rally until 1,5970-1,6000-1,6039 (38,20% Fib) is probable.
Meanwhile GBP/JPY has stalled at 139,70 and trading above 142,00. It’s now testing trendline resistance at 142,50. Next target set at 142,70 (30SMA) and 143,77 (38,20% Fib) in 1 hour charts.
Both pairs are well oversold and a further bull move is probable for the coming sessions.
GBP/USD & GBP/JPY 1 hour charts.
César B.Leiceaga
How to profit from FX Markets by 



Thanks Cesar for this confirmation,
You’re welcome burnsie
Best Regards.