Gbp following Eur - Price build in process

22 May 2021

Following the Eur, Cable buyers are loading to take out the highs also.

Will be interesting to see how this pair performs after reaching the high targets.

27 May 2021

Not

Notice how beautifully Price in cable has show resilience to fend off the sellers below mentioned price level - 1.40870.

The consolidation we have seen has simply made a majority of the buyers of Cable to take off positions and / or close to turn sellers.

But SM has show the true plan as per the original program.

Expectations over the coming days is further liquidity.