Cable continues to hold up well, presently at 1.6590. The 1.6600 level is proving a little sticky, but one has to wonder for how long. Any dips in cable are being met quickly by renewed strong buying interest. As aforementioned middle eastern names have been good buyers throughout the morning.
Gotta think there are some buy stops gathered not far above 1.6600. Technical resistance now 1.6620/25 and then 1.6660/65.
