There’s a lot of readjustment going on in the crosses with GBP/AUD buying, GBP/JPY selling etc driving moves in every direction. I think that cable has made a major low below 1.5000 and this was reinforced by the double-bottom and neckline at 1.5000 and 1.5150.

I’m looking to re-enter longs on any decent dips back towards 1.5350.