Cable is dragging itself off the canvas. Having posted a session low 1.4705, the pairing has rallied to 1.4760 at writing.
It’ll be interesting, given all the earlier talk, to see whether there is still actual USD selling interest to be done at the 15:00 GMT fix, or whether it’s all been front run.
Techical resistances now at 1,4775/80 and then 1.4800.
