EUR/USD slips back as cable selling intensifies
Cable is down at 1.5160, which is almost 100 pips below the NY close, and EUR/USD has fallen back to 1.5630. Personally I never trust these early morning moves in totally illiquid markets. Short term support/resistance for the EUR/USD is 1.3600/80. Not much support in the cable until a previous pivot point around 1.5065/70.

AUTOREFRESH 













Yea these gaps are gonna close within Asia or London at least. Haven’t seen one yet that the retail traders haven’t closed.
selling intensifies, by whom banks and retailers ? if so, would one think that there are enough buyers / retailers to close the gap, sterling -?
Very nice gaps to profit from on GBPU and EURGBP!
GBP/USD rallies from 1.5150 Rumors have it that… option barriers
I shall be looking to Short cable again once gap gets closed probably wait untill af London Open! nice bonus this morning to wake up to!