pezq

Has the naughty Cable been punished enough?

FX:GBPUSD   British Pound/U.S. Dollar
106 0 3
Looking at the price action since the Scottish Referendum panic it seems as if that event threw off an energy cloud thats now looking for a place to go. Theres no real momentum in the market and price hasn't moved anywhere.
Cable is having to sit on the naughty step for taking a hammer to the uk constitution and throwing its toys around because of how unfair the school governors are over in Europe. On the positive side of course the UK is one of the few players in the game showing any signs of paying out a bit of interest and who might actually (crazy idea I know) do it.
Is there the will to push cable below 1.5880 ? Theres lots of sparks but no fire.
If those holding at 1.64 level decide to sit it out for now then the buyers will have to come to them.
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