The Cable Glider entered a short position this morning and is currently showing a small profit.  EUR/USD has broken below 1.35 and I’m starting to see more bullish talk on the dollar for the short term.  GBP/USD appears to be at channel support on the daily chart, and feels very much like it is waiting until tomorrow morning’s retail sales figure out of the UK before making its next move.

Last month, Cable Glider got whipsawed pretty badly on the British retail sales number, so I’ll be watching closely this month.Â