already shorted from the high to 38.2% fib retrace. any statement in future indicating the BOE is going to wait well into 2015 before raising rates will trigger a short pullback to 7000 or 6950 levels.
Of course we can. Anything can happen and the Cable shown some serious strength recently. I don't think economic data will have a strong impact, but use risk management rules prior to major events. The technical setup presents very nice R/R here
agreed but it looks like all the rate hike/strength of UK economy is already priced in. personally, i'm on the lookout for short triggers as long opportunities beyond 7200 might be limited until the next cycle of market moving news.