Cable enjoyed brief rally over 1.5300 where it duly ran into aforementioned sell orders at 1.5300/10 and we’re back down at 1.5285.
Further to my earlier cable comment. I hazarded a guess stops likely through 1.5315. Well, I’m hearing infact that stops are through 1.5320, with “decent names” lined up with sell orders at 1.5315/20. Ofcourse decent names don’t always get it right, but will be interesting to see what happens if we get back up there later. Oh and before someone asks me what “decent names” means, haven’t really got a clue. That’s how it was relayed to me.
