Cable Update (GBPUSD)

... great reaction, both ways, to the U.s Cpi data. Killed off a few retail bears' stops? You can see where the post-reaction 3442 CDH is, on chart below, ie in the 4hr and dly parts of that prev 1hr/4hr/minor dly sw hi zone = prev res x 1 = pot res that extends up to 3452 LWH. A retest of the CDH area, and another sell-off, now testing a pot 1hr rbs zone.

EDIT: Label for 4hr chart wasn't showing - corrected that.

4hr/1hr below

It’s ugly

the market doing market things

TP's hit for 180p.

...some demand emerges @ the current p/back lo of the day's present main AL/CDL - CDH up-move, after the sell-off from said CDH, , in that prev 1hr sw hi zone = pot rbs, that starts @ YH

1hr below

Gold cooperated, gave me $104 x2 trades. Was expecting H4 SMA100 resistance.