Cable & Euro
Above are the Cable & Euro daily charts. Stay out of the market until BoE minutes have been released. I will update the charts again tomorrow which should then give us a better idea of direction.
What people tend to find frustrating is to sit on the sideline and not actually trade when they should stay out of the markets. Right now is one of those times until we find a direction for both the above. However, the Euro still seems more clear cut & I still feel we have a way to go down on the Euro although todays minutes may possibly provide a bounce.
As always please do your own analysis after the minutes have ben released.
Dynamic Trader version 5 has finally been released.