Cable On Offer (intraday flow)
Updated
What we are trading here for the flows, we started the week with Tokyo offering Sterling across the board, we are losing the NY roll from yesterday and Frankfurt are selling this morning. Is very clear the flow here and positioning for risk flows later this week.
Cross party negotiations for the negotiations for the negotiations continue, the lack of trust on both side is complicating things and the hopes of a deal are fading.
The risks here remain a PM May resignation as would give way for Johnson or a General Election and send Cable through the floor .. both scenarios send Cable lower.
Cross party negotiations for the negotiations for the negotiations continue, the lack of trust on both side is complicating things and the hopes of a deal are fading.
The risks here remain a PM May resignation as would give way for Johnson or a General Election and send Cable through the floor .. both scenarios send Cable lower.
Note
Note
A quick update here for the open Note
Monthly open was defended as we entered key support levels ... tracking the NY roll closely for continuation to the downside Note
We are losing the lows ... Note
First targets cleared in the target zone... well done all riding the pig Note
Waterfall mode here... Note
A quick chart update here for the open ... Trade closed: target reached
Aggressively trailing stops ...Note
All cleared on the trail.
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