Flows and Orders/FXWW News/GBP crosses/Trade Ideas

Cable: Decent bids reported nearby, 1.5360/65

I’m hearing through the grapevine that there are some decent bids at 1.5360/65, which was roughly the low on Friday so that makes sense. I’m still in the process of building a long position and am watching levels such as these for signs of strong support, so that I can add to my position. Let’s wait and see how it develops.

  1. Good evening Sean,

    I jumped in last Friday on cable at 1.5380 (small position = one unit).According to your post, we have strong bids at 1.5360/65, I could add two units if the level holds ?

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