Cables slide has come up just shy of the lower trendline that I have been detailing recently. AS you can see from the H4 chart we have the 200 ma just under at 1.5172.

gbpusdh4 23 04 2013

It’s all looking a bit soft at the moment and I think there’s some rate talk spill over into sterling. If the ECB are thinking about it then we probably won’t be to far behind.

I believe Mike will have the order boards coming along shortly.