Cable is headed back towards hourly lows from yesterday at 1.3740 and EUR/USD has slipped 25 pips, back under 1.2600. Markets are quite illiquid according to some interbank dealers.
Hourly support on the EUR/USD is at 1.2550 and a break should see a swift move to 1.2480. Cable looks altogether more dangerous with little in the way of support until the 1.3500 lows from late January.
