Cable continues to do well on the day presently at 1.3870, and this despite the truly horrible UK industrial production/manufacturing data released earlier. This is leading some to reason that maybe this apparent resilience is a precursor to further gains. Maybe, not overly sure myself.
Sterling has certainly been helped in general by good demand for the GBP/CHF cross coming from swiss names today.
Technical resistance for cable up at 1.3890/00 and then 1.3930/35, supports at 1.3830 and 1.3915.
