Cable has extended it’s rally, reaching a session high 1.6399 where it ran into the aforementioned sell orders at 1.6390/00. We’re presently back at 1.6375.
As aforementioned some stops noted just above 1.6400. However then it looks like getting a little trickier for the GBP bulls.
I’ve been hearing various reports; sell orders at 1.6400/20 and also sell orders at 1.6425/45, so think we can take it there is interest from 1.6400 up through 1.6450. Should be interesting.
