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Cable trying to steady after slump

By   || March 1, 2010 at 10:35 GMT
|| 1 comment || Add comment

Cable at 1.5035, trying to steady after most recent sell-off which extended to 1.5018 low.

Much talk of 1.5000 barrier option interest and defence of interest expected.

EUR/GBP has been as high as .9065, presently at .9057,  with a UK clearer a notable buyer.

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One Response to “Cable trying to steady after slump”

  1. Iman on March 1st, 2010 10:53 GMT

    Oh, how tragic… seeing Cable agian below 1.5 for the first time in 9 months. I sold each rally hoping for that ;)

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