End of the week and Asia Session. How about an update.

Ok here's an update of what happened for the rest of the afternoon session and my demo trade.

so price did move up above 1.5900, and so i pushed up the stoploss to get stopped out at 1.5900.
If this trade was real, i would have made 23 pips.

So UK industrial production came out lower than expected, so we saw cable plummet. I do see another trade setup occuring. If price is supported above 1.5819, i would look into entering a long position as that's yesterday's daily low and looks like a strong support.