Cable has seen quite a sharp sell-off, presently down at 1.4875 having earlier posted a 1.4958 session high, as stocks head south (S&P futures down nearly 10 points.) From a purely technical perspective supports now come thick and fast and 1.4835/50 looks pretty congested.
Hopefully (i say this because i want to do some clothes shopping in the States) this can lend cable some much needed support. Technical support below this area is 1.4800.
