Cable finds support at 1.5035. Again

Yes folks that nasty euro is also upsetting all us cable bears as EURGBP selling keeps GBPUSD propped up and once again we've seen 1.5035 hold and bounce

Currently 1.5060, we at least know where to take our profit by now anyhow

As for re-sells I'm looking into 1.5100 again initially then 1.5150 after that ( should we ever see it while EURUSD digs its way to Australia)

EURGBP still has me on the sidelines at 0.7017 due to a large degree of over-analysing on my part re the impact to the UK economy, which is obviously being totally ignored

Oh well, one out of two ain't bad

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