Cable fell as low as 1.7056 just after the London fix. Trading has mostly been lower since UK traders arrived at their desks.
Some medium-sized demand at 1.7050, better buyers at Friday’s low of 1.7037 and more at 1.7030. Bids at 1.7010 and stops below the big figure.
Strong sellers are up at 1.7100 and that was demonstrated as Asia couldn’t get above 1.7099. More strong sellers at 1.7110/15. Buy stops on a break of 1.7120.
