Currency Trading News:
If Cable can manage to consolidate above the 1.4200 level it should head towards 1.4260 and then back above 1.4300. I have to admit, given the markets lack of appetite for risk currencies this morning and the European equity markets all in the red, it is probably going to be tough going on the topside, but, we haven’t broken below 1.4140 yet and as they say, it’s not over til the Fat Chav sings!