We're seeing a third wind blowing in this month when usually we just get two
Cable has pushed into 1.4200 and faces a fairly strong S&R level at 1.4230. That level dates back to May 2010.
GBPUSD weekly chart
A close above here today could be a bullish signal to end the week with and would point to further gains next week.
Look for support to develop at 1.4200 if this run is to be maintained. We'll likely see some messing around in currencies over the option expiries in a mo.
One to watch.
