Currently 1.6673 with Vodafone demand/talk still looming large but plenty of good offers too still. Range bound. Repeat after me, ” sell high, buy low”. Large option expiry for GBP 500 mln today at 1.6650 which may act as a magnet closer to the time and provide some support but not over huge by cable liquidity standards.
Sellers 1.6685 1.6700 (stops above) 1.6720 ( stops above) 1.6740 1.6750 (stops above) 1.6775 1.6785 1.6800 1.6825
Buyers 1.6640 1.6625 1.6610 1.6600 1.6580 (stops below) 1.6565 1.6550 (stops below)
