Cable lower on comment, triggered stops in 1.6565/70 area, presently at 1.6555. Next technical support 1.6550.

The phrase “stating the obvious” comes to mind, but hey ho there we go. Doesn’t mean they’re going to do it.

Other comments

Great challenge now is to determine if recovery will be weak or strong.

Need instruments that can temper exuberance in banking sector.