UPDATE: support at 4375 (4548 gone) but still same idea

down move initiated (read news for fundamentals) - support at 4548/4375 now there, so if breaks new down trend will develop, target 4070

(in short from 950; hedge at 580 or short continuation downwards)

my accuracy is difficult now we in initiated move - 950 was accurate sell

pound still strong - now 840-950 will be pivot

still strong on the back of weak Yen and Euro

pushing up to area of resistance from 4840 to 4950

look to short signs of topping, otherwise rethink and new bull move could be wild

4600 - 3500 is range...

short at 4575 - I expect further down move to 3300 into next week, possibly reaching 1.3 ultimately (if bulls go beyond 4575 then look for re-entry to go long)

comment ifu got any questions, maybe keep just with this blog as I cant be bothered to update intraday all the time :) cheers