Cable traders are reaching for that bag as prices continue to gyrate in sickening fashion. From 1.6605 a shade over 24 hours ago, we’ve retraced more than half the bounce from the huge support level at 1.6285.
1.6407 is the 61.8% retracement of the 1.6285/1.6605 rally.
Stewardess? Can you take this please?
