Selling Cable with incoming Dollar strength

By ridethepig
Updated
A simple trade here from a technical sense as market has overpriced the odds of Brexit being good for the economy. We are selling the highs in Cable one more time. A departure from the EU is sending this currency one way, and one way only.

On the USD side there is a lot of good news coming back in on the macro front and the FED will be questioned on hikes sooner or later. Expecting a move in Q3 so it's time to start pricing in more hikes on the dollar side and bad news on the UK side.

Good luck everyone in this live
Comment
Brilliant moves from the cable assassins !!
Comment
We are making this one look easy guys... well done!
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First targets have arrived, well done.
Trade closed: target reached
brexitcableChart PatternsGBPGBPUSDridethepigTrend AnalysisUKUSDWave Analysis
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