Pound hit the first area posted last week - 1.4610-20. My next level is 1.4540-50.
I have also refined lower zone from my initial 1.4440-50 to 1.4430 (+/- 10 pips). The problem is, it requires a fast drop and tomorrow is holiday both in USA and UK, so high volatility on Cable tomorrow would be a bit suprising.

Low at 1.4437 but no signs of reversal yet.

Originally posted by MarcinO

It's even more interesting now. It started down again shortly after my post and dropped another 80 pips to obvious TL. Right now it's 50 pips above my key level at 1.4430.
So far it's a 200 pips drop today. Another 50 would make it a monster.

Originally posted by rat89

interesting

Originally posted by MarcinO

Cable reversed earlier then expexted. It is right inb the1.4540 zone now. Looks like ready for opening a very short term long position.

One more move down to the key lines of this area.
Small signs of reversal are happening just now.

If that reversal continues, and Pound will follow the current fractal I would expect it to hit higher 1.46's, which would be about 250 pips higher off current area.

1.44. It is still so weak.

the action in gdx is amazing. .886 yesterday and today .886 of 22.13 and abcd on the 5 minute in the kz. Target for this move is 24.70 - 25.40 basis the move from 21.94 - 23.56

111.44 - 104.40 = .886 at 110.64

some target areas: