Troubles on the way...
If it continues, I will expect Pound to hit 1.4160-80. Most of the lines are in the higher part of range, but lower band seems more likely to me.
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MarcinO
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I wonder if we are in a similar situation.
If so, that would imply a move lower than to 1.4160-80.
Just a thought.
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MarcinO
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One more idea. Do we have to wait for the Pound to start moving until American open?
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MarcinO
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Cable started moving earlier then expected. It is 20 pips above my area now, so I assume a reversal around American open.
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MarcinO
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ES wants to 2000-2002. Then we will see how it reacts.
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MarcinO
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86-88 is a potential long entry zone.
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MarcinO
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If that works it would imply 1,272 ABCD with abcd in BC leg to 2000-02.