Cable is in a strong down trend, nothing new, that's all....nothing has changed, the market has not suddenly changed...So we have seen 5 consecutive weeks of selling if this week closes as a bearish candle (quite likely.)
Go back to w/c 31/8/2003 -1/4/2004 and we had 2 consecutive periods of 9weeks of busing ie 2 x 9consecutive bullish candles on weekly. W/c 24/4/05 saw 6 comnsecutive weeks of selling too. w/c 2/4/06 another 6 consecutive weeks of buying.
The market is the market, no more random than it was yesterday, last week, last month, last year......
When life gives you lemons, make lemonade
