We took profit on cable long yesterday around 1.4435, for the past 24HRS we have seen a familiar pattern in the pair and we go short from here: 1.4400. From this level we expect price to break 1.4328 down and continue lower. We are entering this position with small lots with posibility to add after the break of 1.4328. If the pair manage to break the 1.4328, the next level is 1.4195 before 1.4080. Alternatively, a trade above 1.44352 will open more upside move in the pair. StopLoss : 1.4435 GLT and trade with care
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CABLE below 1.4328 we add to this position as we said. We remain short and lower prices expected. GLT and trade with care.
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GBPUSD momentum to the downside after 1.4328 break. Keep the short!