Today cable had shown a perfect example for news trading. When actual figures occured at 10.00 am, cable lost almost 250 pips within a few minutes. Did not expect that huge move.

Lucky who caught that short trade and earned a weekly profit on a single day.

It's difficult to evaluate next day's direction, however, technical indicators do favourite further down moves.

Have a nice weekend , all.

Greetings,
zappa