• GBP/CAD was the market’s bull leader for months on end and it’s positioned accordingly! Likely to be heavy stops below 1.8275 and I prefer shorts here;
  • GBP/JPY feels overbought to me and I know that’s unscientific but so be it;
  • EUR/GBP strong technical support at .8250.

I’m staying in 200-pip cable range playing club, 1.6470/1.6670, with a definite bearish bias.