Hello Everyone and Happy New Year........
The FED and BOE are on target to reduce rates upcoming with Pricing in of both underway as the USDollar bases and Range Positions for a Rally...with North advances in Euro and Cable Positioning for higher Optimal Sell Zones in both, therefore lets Buy Cable and Euro for a North advance into Optimal Positiong for a Sell Zone/South Reversal in both.
The ECB has hit 3.1% inflation with a growth modifying target of 2.00%...aka the Euro is over-appreciating with excessive inflation as rate increases attempt to stem the overheating Euro with another hike probable.
As the Market Positions accordingly and before the fact with the current Pricing in of the above underway as a Buy Zone in Cable Positions for better North Positioning of which a South Reversal/USDollar Rally will ensue... Let's Buy Cable 1st into our Sell Zone...
Cable Buy Zone @ 1.9675<>1.9710...
Target...Open.
IRIS
FX