Following 4 straight weeks of losses, Cable is amid its most bearish move since the July lows. It had not come without warning though. Leading up to the multi- year highs price had reached a distance from its own 50-week MA which had previously seen Cable revert to the mean (and beyond). The DPO (Detrended Price Oscillator) shows this and the following bearish divergence which lead us to the current declines. Looking at price we have to be on the lookout for a potential bullish retracement over the coming week/s, judging from the timing of cycle lows. But this also leaves room for a couple of weeks either side of a ... (full story)