DislikedI am flat for a week now and just watched it eat away at support. The bounce I hoped for never happened, and I will take a look at today's candle to decide what I am going to do next.
I was a bit tempted to nibble at 5766...Ignored
The thing is the move is pure Sterling weakness with zero dollar strength ... I wonder what will happen if both sides align in the next few weeks...we may break the compression range and there is lots of juice (prolly the most potential powerful move across FX this year) ... I keep tracking very closely cable as I don't want to miss that break ...
sisse
Pending conversations? PM for a chat...I am mainly in OTM now