Hey everyone, I continue with the Pound theme today and build on yesterday’s Pound Yen, Pound Swissy and Cable trade plans. I am recording this video a few hours earlier and it’s made my London read on the market a little more challenging, therefore I have adopted a simple breakout strategy for all 3 pairs. Cable looks particularly interesting, with as much consolidation as we have on a 4 hr level, an explosive breakout seems likely. I hope you enjoy the video!!
David Pegler
[I]For questions or comments please email jkicklighter at fxcm dot com.[/I]