Purely looking at risk would expect more pressure on Cable- big lump of liquidity there though-1.25370

Cable Update (GBPUSD)

If you look at equities - these rallied when the data was released Equities are regarded as being risk based. - (ie - you may not get back what you invest- hence risk) The pound is regarded as a risk based currency- And always look at volume

Cable Update (GBPUSD)

Equities up on the news…... Pound is risk based....

Cable Update (GBPUSD)

Got some of the sell - and the bottom a buy scalp

Cable Update (GBPUSD)

Risk going bullish though..... Give me some news.....

Cable Update (GBPUSD)

Tempted to short for value - but lot of white space above

Cable Update (GBPUSD)

Rotational atm in line with skews

Cable Update (GBPUSD)

Maybe...

Cable Update (GBPUSD)

purely looking at risk- other drivers could be better

Cable Update (GBPUSD)

bought some cheap looking gold

Cable Update (GBPUSD)

1.2660 hit 1.2700 started selling from 1.2690....then the bombing in Korea.

Cable Update (GBPUSD)

Pound being dragged along with China sentiment atm Everything pretty crappy since Aus opened. But its got a bid off a HVN

Cable Update (GBPUSD)

1.2660 TP1 1.2700 Defended 1.2720 TP2 (if we get there) Reason + Brexit news QE by the Fed But option guys bearish on pound....so we will have to see.

Cable Update (GBPUSD)

If looking for shorts - 1.2700 looks decent

Cable Update (GBPUSD)

should have seem the Fed meeting.. they did buy at the POC, London open, NY open url too much chat not enough focus

Cable Update (GBPUSD)

Aussie flying

Cable Update (GBPUSD)

This is why I look at the news - less of this stuff.

Cable Update (GBPUSD)

well done Motty

Cable Update (GBPUSD)

There is no news....so its just price and risk

Cable Update (GBPUSD)

Need to see some aggressive selling though The other thing - is that I prefer to trade Cable in the London or Frankfurt session

Cable Update (GBPUSD)