Cable slips again
Cable down at session low 1.5020 amid reports of UK clearer sales. Murmurings interest tied to Prudential’s purchase of AIA.
Might see some support emerge around psychological 1.5000. Stops as aforementioned tipped through 1.4990.
Cable down at session low 1.5020 amid reports of UK clearer sales. Murmurings interest tied to Prudential’s purchase of AIA.
Might see some support emerge around psychological 1.5000. Stops as aforementioned tipped through 1.4990.
3 Responses to “Cable slips again”
Thanks Gerry- can i just ask when you say stops at 1.4990- do u mean stop losses for long positions – which will be sell stops or take profits for short positions which will be buy stops- sorry a bit new to the terminology but getting there
it means those who are long and wrong throwing in the towel and selling
Ok i see- Thankyou Gerry