Cable been smashed in prvious weeks and has made a solid recovery. The UK economy is strong and in my opinion the pound is very much undervalued. Obviously we have NFP to consider today , so a pullback to the trendline would be great. If the NFP number is +200 to 280 , then its a fake out and all bets off. Happy trading, first post so be gentle !
Comment:
So we are 150 pips up , stop to break even , resistance at 134.43 , might be worth taking some of your position off the table or trailing up . If we can blow through 135 my original PT then im letting this run . Great trade ..