Cable tests underside of old range via ForexLive

1.5050/55 was the bottom of the range for most of the month and we're up testing that level right now

GBP/USD H4 chart 26 01 2015

If we do push through then watch for a re-test of the level to hold as that would be the green light to use the level as a support for longs.

posted via ForexLive