allaboutfx
Long

Possible Cable Long

FX:GBPUSD   British Pound / U.S. Dollar
27 2 1
Cable may be a good buy around the 1.5650 area of support illustrated by the blue line. Has gapped down at the open following the larger Greek led EUR moves. MACD trend line still in tact for now. May be a good long over a few days with a tight stop in place. Safer play than EUR crosses.
Good analysis. Great catch.
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allaboutfx sudersanrao
Thank you - it seemed a good one given all the noise surrounding EUR.
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