1.4255 at European open?
My assumption is that the move down isn't done and Pound is likely to make another leg down.

Pound is heading towards 1.4235, I guess, but as always, we will see.

This triple bottom might send the Pound up. They hit all lines.

Wrong. They dropped it hard.

Pound stopped at 1.4050 which is a nice, potential C point, for ABCD to 1.4235, but it's too early to assume it will get there.

Cable is still rising. 1.4135 is a strong resistance level.

Well, it's just a fantasy, but it's one that I have. I'll have to settled for this appx. 15 point drop here, or whatever they give, and then 'Moar up!'.

Originally posted by MarcinO

Yes. That would be something.

And they're off!

Another nice new low for the move on DB.

Cable is staring next leg up. 1.4135 would be great.
Any serious reaction off that level will be a signal for extended move down, who knows, maybe below 1.4.

spy 207.14 - 203.89 = .786 at 206.44, .886 at 206.77. Likely a wave 2 ended in that area yesterday, with wave 3 now in progress. by my calculations typical wave 3 targets are spy 201.23 and 199.99 sometime today or tomorrow, followed by a shallow bounce for wave 4 and a wave 5=1 to finish minor (1) down

had a day full of appointments.....did you say something jim? ;)