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AdebayopDavid
May 27, 2021 10:03 AM

CABLE Short

British Pound/U.S. DollarFXCM

Description

Very quiet this week as its yet to make any real push to either direction until it broke intraday support at 1.41380

My bias apparently from my technical view is a "roll over" but with the manner in which it stalls and moves these past few days you have to be extra patient and not stay more than 50pips in profit unless the dynamics changes and there is constant volume.

Nevertheless, break of the support zone(1.41065/1.41115) would print 1.4030.. in the coming days
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