Cable is presently at 1.5045, trying to steady after earlier sharp slump which saw a UK clearer selling aggressively. Couldn’t have been the one who recently bought the 6-month 1.4400 cable puts,could it?
Further stops tipped through 1.4990. May well be decent buy orders lined up either side of the psychological 1.5000 given where stops touted, but haven’t got confirmation of that.
