GBPUSD panic and reversal carves out short-term trading levels

Hey everybody. This is Paul Robinson here at dailyfx, I’m going to take a quick look at cable in the wake of its panic down, move and Recovery. Before we get started, though the trading disclaimer all right. So here we go. You know I pointed out at the beginning of this week after we had had that 1985 level the lows we went to New lows, here, just on Sunday night, but we started this Panic move on Friday and then we went down and Sunday And and things really got dicey, the recovery bounce, this kind of worked out as I had outlined, early in the week.