#TSOT - CABLE Market CALL 5.12.16 VALIDATED

GBPUSD as of 5.18.16

CABLE's price action as of this session is @1.4610 from the previous low @1.4350 call made last 5.12.16. Whereas prices for an upward trajectory was in the making with prices moving higher which has been led with the right momentum and volumes from where it started.

The extensions being aimed would be higher unless certain market pullback would hinder this rally. But for now some traders may have been fixated on the fundamentals on the BREXIT which is way contrary to today's move. At times, the market do move from a technical perspective against all odds. Pls. note that all trades are correlated with one another as majors and crosses are significantly being traded as a combination that best suits market conditions that delivers the next best probable results in exchange with the risk involved.