Kickin' it off. No one else did, which is s surprise. I hope everyone is okay. Maybe 'cause it's Easter?

I think I am going to take tomorrow off posting to try to break myself of the habit of posting non-stop. See you all Tuesday, if I make it?

so far you're not missing anything

I've just came back home. Monday is a day off here.

Originally posted by jimkane

Kickin' it off. No one else did, which is s surprise. I hope everyone is okay. Maybe 'cause it's Easter?

I think I am going to take tomorrow off posting to try to break myself of the habit of posting non-stop. See you all Tuesday, if I make it?

My favorite correction level for the pound is around 1.4180 on European open.

1.4220 by the market close?

Cable hit 20s in the morning and after a small reaction is dropping sharply. 1.4180 is my AOC, but there are some lines around 1.42.

1.42 sent it up. 40-45 and down again?

It went higher, to 1.4260 which is a nice resistance, too.

1.4275 is the last resistance area. If this one is taken out, a road to 1.4340 is open.

High at 74 and a nice reaction. Minor support at 42 and a stronger one at 30.

And if they make it below 30s that will confirm change of intraday sentiment to bearish.

BTW my bias is up until the close, but this area in here and just above is tough. Once that is cleared, if it is, it should be free to run into the Friday closing upward bias ramp nonsense.