Cable remains under pressure, currently trading under the 1.34 levels. The price fell through the support level of 1.334 and found some stability at the 1.32 zone. The candlesticks that have emerged on the 4hr chart show indecision and uncertainty. If the price is able to push past the resistance zone with conviction, then this short will be invalid. However, the last 3 times the price has attempted to break out of this range it has failed, therefor it's likely for the price to fall and retest the support level of 1.32. The stop-loss area for this trade is located at the previous resistance zone of 1.338.