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Cable -the last decline?

Posted Yesterday at 09:58 AM by FX-Forecaster.com
I'm not sure if this is a brave or foolhardy call. However, from a price, time & momentum perspective there seems to be a growing risk of a base being seen at 1.7421-44.

Indeed, following the continuing rally in the Dollar in general the same momentum conditions are being seen in the daily charts of the European currencies. The targets for the Euro and Swissie are not as crystal clear as I would like but the 1.4037-58 area looks possible in the Euro and the 1.1275-1.1311 area...

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