Cable pair seems to be under selling pressure, as it has violated de 0,79 level on major time retracement. The price seems to have formed a bearish triangle, so we could expect a retracement as retest and the consequent bearish impulse to the next major zone:) Lets see how this pair behaves tomorrow with NFP news, remember that price's behaviour is not always...
Looking at the weekly estructure of EURUSD in correlation with DXY USD index wich is confronting a support, it may be time for the pair to quit the bullish trend that has been following since '20 March. We should see a bearish market structure forming, making new lows behind 1.1500 level and heading to grab some liquidity beneath those levels. Maybe it should be...