Cable not well placed going into the trades this morning. Expecting it to do some retracement into 50s but before that I would like to see it take support at 4860s. 4860s is the first major low on the larger TFs GBPUSD will encounter.
Short biased for now, dont think it would take out 5130s anytime soon.
Short biased for now, dont think it would take out 5130s anytime soon.