capitalpropertiesfx

GBPUSD ahead of the Manufacturing PMI

FX:GBPUSD   British Pound/U.S. Dollar
222 0 2
Cable pushed to the Pitchfork median line yesterday and spent the night consolidating below it, slightly above 1.7100 level. What next? If we should see a pullback then I suspect that 1.7040/50 area will act as a support and price may find new bids around that area. If we push forward from here then 1.7220 is the next number that I am looking at.
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