Cable at the lows of the day
Cable is down 68 pips to 1.2842.
It's been on the upswing since August 15 when it touched 1.2662. The drop today isn't about any Brexit news, rather it's a broad US dollar climb.
Technically, a close below 1.2800 would look paint a three-candle reversal and highlight the downside. The gains also stalled out just ahead of the July low, which isn't a great sign.
