Relentless demand for the pound strikes again
Cable is at a session high, up a half-cent to 1.5650. It's the fifth gain in the past six sessions.
What's been remarkable about cable in the past four months is its ability to run in streaks. A week before the latest rally started, it had fallen for 7 consecutive sessions. Similar streaks took place in April and May.
Offers are at:
- 1.5664
- 1.5686
- 1.5700
- 1.5725
- Large offers at 1.5745/50
Cable daily
