ridethepig

Cable soft ahead of NFP

Short
FOREXCOM:GBPUSD   British Pound / U.S. Dollar
Dollar catching a strong bid after yesterday's ECB.

A very dovish Draghi sending shockwaves across financial markets, capital flight to the dollar continues via default as the only game in town.

1.31 was the level to track for the breakdown this week, yesterday we officially broke and now 1.24 is in the scope . For today's NFP we are expecting an inline report, a solid 185k payrolls report with a slight uptick in wages.

Best of luck those already short, we are looking for the home-run here.
Trade closed: target reached

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