A Better Part of CABLE's (GBPUSD) Price Action History
CABLE's decline have equaled to or cumulatively greater than the decline occurred last September 16, 1992 when John Majors walked out from the European Rate Mechanism.
However, the price difference came from a high @2.0180 while the BREXIT re-emerging sentiments recently came from a failed 1.3180 high which drew a quick pullback ending below the 1.3120 and below the 1.2880. And with an interbank controversial low price @1.1478 while currently trading @1.2180 to this writing as of Oct 12, 2016 US trading session. Well, it does pay to have outlived such price action even from historical standard.
With Reference to: #TSOT - CABLE (GBPUSD) Strategy
www.megatrade101.com...er-on-cable-strategy
However, the price difference came from a high @2.0180 while the BREXIT re-emerging sentiments recently came from a failed 1.3180 high which drew a quick pullback ending below the 1.3120 and below the 1.2880. And with an interbank controversial low price @1.1478 while currently trading @1.2180 to this writing as of Oct 12, 2016 US trading session. Well, it does pay to have outlived such price action even from historical standard.
With Reference to: #TSOT - CABLE (GBPUSD) Strategy
www.megatrade101.com...er-on-cable-strategy