Open trading account 
Cable continues to trade around 1.25 after Article 50 was triggered last week. Manufacturing PMI and Construction PMI both came in weaker than expected. A solid Services PMI today may not discourage sellers for too long.
1.24 - 1.2425 (50 DMA, 100 DMA) is the immediate support before 1.2375 (last week's low). A move below that would target 1.23 - 1.2325. Area around 1.25 (yesterday's high) is the first stronger resistance.
1.24 - 1.2425 (50 DMA, 100 DMA) is the immediate support before 1.2375 (last week's low). A move below that would target 1.23 - 1.2325. Area around 1.25 (yesterday's high) is the first stronger resistance.