Cables breaks short term resistance, jump till 1.550 is possible

GBP/USD has broken trend line resistance and also short term resistance 1.5420, a jump till 1.5485/1.5500 cannot be ruled out.

Intraday weakness can be seen only below 1.5390. Break below 1.5390 will target 1.5360/1.5340.

It is good to buy at dips around 1.5425-27 with SL around 1.5390 for the TP of 1.5485/1.5500