Aforementioned cable buy orders at 1.3970/75 have so far just about managed to soak up the persistent selling pressure in the pairing, but cable is struggling somewhat to mount a sustained rally back over 1.4000.
If buy interest at 1.3970/75 is taken out, then technical supports are seen lying at 1.3950 and then 1.3895/05 area. Sources report decent sell-stops gathering down around 1.3890.
