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

Other low hit to the tick by my data.

DB another new low for the move. I am hoping for the 12-13 area, and then see if it collapses or not.

Watch in here very closely, as this it the critical decision point, is it bouncing, or was that the rip to set it up to go over the cliff...

Rip gets sold right back to 61, hard. Now we see. This is it. Retest, sweep, or crush it?

Although I'd love them to sell it, I just can't see it. This is nothing but an 'up' market since the big low. I think they'll come right back in. This is just a 'get better prices' move, I suspect.

You can't imagine, though, how much I'd like that to change.

Okay, was that the 'W2' retest and up it blasts? I'm not as convinced as the structure suggests. I'm thinking chop or even a risk of downside is on the table.

Understand, though, my viewpoint here is long.

5.50 point first hour range. Oh, joy, again.

Nothing but chop. Now it looks ready to collapse, so are they setting the pop up?

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