Cable started once again to move lower, although we did expect it to stay around current level for a while longer if not even retrace. 1 hour chart displaying the last few days show the pair trading inside the 1.8800 and 1.85 making lower lows and forming a divergenge with the RSI 14(lower panel). The RSI also signaled a short opportunity when it bounced from the 50 line for those who were early risers this morning, but for the rest of us it is still pointing lower. Making a new low under the 1.8500 level will certainly reinforce the bearish bias and trigger some stops of those thinking a reversal was in place(me included).