Cable continues to fall on profit-taking after its earlier spike to 1.5380. We’ve sded about a panny so far, touching minor Fibo support at 1.5285 (the 23.6 retracement of the 1.4980/1.5380 rally.
Congestion is eye on the hourly charts at the 1.5260/702 area; more stop-loss selling is expected should that area break.
