Cable opened the week lower after the weekend UK press report on the chances of a “hard” Brexit, and fell to 1.1980 in early trade before consolidating mostly above 1.2050 through the rest of the session. and there could be further downside to be seen in Sterling,
Technically, i am going to selling into strength, and right now the area at ( 1.2170 -1.2180) may provide the best to ride the wave with a SL placed above 1.2200.
Good Luck Traders
