short with stop above 1.2720
it broke support and then tested that support which now look like resistance. Target medium term 1.1875 (triangle measurement)
lower stop after today's trading
Updated chart below
Cable 2 hours
Previous post below:
Cable looks to have broken an important support at 1.2670 (ish).
Wait for either a retest in case it's a false break or selling momentum increases to sell
Obviously a lot of Brexit news (not for the faint-hearted) but measured price target if the selling continues will be around 1.1870
Cable daily chart
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