Yes folks, it's finally dealt after weeks of teasing
Patience was a virtue and I'm short up here now with an open mind given that these thin markets will invariably overshoot
Stop-losses have been triggered to post 1.5718 so far
Currently 1.5710 . I'll review at 1.5750 or 1.5650
EURGBP is clinging to 0.7050 but similarly it's a close run thing at the moment.
50% fib of 0.6951-7170 at 0.7060 has gone leaving the 61.8% fib retracement at 0.7035 the next decent support line in play. Bids around there and into 0.7000.
Let's see what transpires.. Good value for bulls and bears so far.
What are the cable longs/shorts looking for now? Target? Time?
