January 15th, 2010 08:14:47 GMT

Cable touch lower

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Cable has slipped lower in the wake of the Trichet comments, moving off the coatails of EUR/USD. Presently at 1.6315.  Supports now, initially at 1.6300/05 and then 1.6280/85, resistance up at 1.6350/60. Talk of sell orders up at 1.6345/50 with … Continue reading

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January 14th, 2010 09:01:20 GMT

Well…….

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As I mentioned earlier I’ve been off scouting around for evidence of stops just above the 1.6305/10 resistance in cable, and surprise surprise (best cilla black impersonation) I’ve found it. That’s the good news. The bad news…… I’m also hearing there … Continue reading

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