Cable is hovering just below 1.6400, presently at 1.6390, the cable bulls seemingly wary of attempting an aggressive push over said level. An earlier attempt saw China sell aggressively above 1.6400.
Sources also note sell orders lined up at 1.6420/30, with buy stops said to be gathering just above 1.6430. Worth noting just incase China does a moonlight flit. They have a habit lately of going awol just when you expect them to be present. Now you see them, now you don’t.
