Cable has been a stronger performer. In the long run it still have upside potential, however at this moment, it seems to be overdone here. The price action suggests that it will definitely go for a stop hunt post brexit highs.
So I would short @ 1.3060-70 with a 30 pip stop and target 1.29
Comment:
Missed this one..definitely going in the right direction now.
Trade closed: target reached:
and bang on target