CABLE: "balanced" sellers 1.5700 & 1.5800, buyers 1.5360/80

FX_IDC:GBPUSD   British Pound / U.S. Dollar
8 0 1
Cable blasted ran the net buy stops through 1.5450- 1.560 last week and we are left with what net sellers clusterd around the 1.57 and 1.58 levels. These must be pushed through if we are to go higher. It's worth noting that the UK is finalizing a budget this July that is supposed to cut or eliminate the deficit. The details of this will be in headlines for a while.

Below there is an air pocket with buyers coming back in at the 1.5360/80 levels. At the start of the week I will likely be fading any pre London ramps higher as fake outs and covering before NY sits down.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out