Cable hit major support area (orange line). I assume it will bounce.
Furthermore we are in the trend channel again. It provide a good short opportunity.
Bank of England’s Monetary Policy remain unchanged; Interest Rate at 0.5 pct & £375 billion Asset Purchase Programme.
ECB will start their Purchase Programme on Monday.
Entry at 1.515
TP1 1.485
TP2 1.47
SL 1.536
Furthermore we are in the trend channel again. It provide a good short opportunity.
Bank of England’s Monetary Policy remain unchanged; Interest Rate at 0.5 pct & £375 billion Asset Purchase Programme.
ECB will start their Purchase Programme on Monday.
Entry at 1.515
TP1 1.485
TP2 1.47
SL 1.536
