Cable triggers stops below 1.5460
Some stop-loss sell orders have been triggered below 1.5460. Dealers also mention Sovereign bids around 1.5425/35 which should stem further bleeding.
Some stop-loss sell orders have been triggered below 1.5460. Dealers also mention Sovereign bids around 1.5425/35 which should stem further bleeding.
3 Responses to “Cable triggers stops below 1.5460”
Trip stop, trip stop, rinse repeat
I believe that the recent 50 pips drop in cable caused by the release of an article by The Times in which a policymaker at the Bank of England warned that Britain faces a “significant” risk of a renewed slide into recession…
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the 1.5435 support is noted…