Cable can become strong till it remains above 1.4760 -preferably on hourly closing basis...so one can go long till the zone 1.5130--1.5150 & if extended further it can go as high as 1.5500--1.5550 where 2nd wave shall retrace 80% of 1st Yellow Wave...
Post Brexit -Yes or No Scenario do not get trap on long side of pound...we will go strong bullish only above 1.5950...else moving back below 1.4760 --cable can become weak.
Regards,
Abhishek H.Singh, CMT