I still see no reason for abandoning the bullish cable strategy and my target at 1.75 is looking more realistic by the day. The daily close above previous highs near 1.6850 will only add to the momentum. I don’t expect any wild straight-line moves, so continue to book profits on rallies and re-load on dips.
Corporate offers above 1.6900 will slow progress down but dips should be limited to 1.6770.
EUR/GBP continues to consolidate around .8200 and a test of massively important technical support near .8160 is surely also in the offing.