Maybe the bears are losing their bottle ahead of the GDP then. Must admit I wasn’t at all surprise the barrier went yesterday afternoon.It was obvious .. Gerry decreed it!
Could be a wobbly few mins at 0930 GMT, but this short covering ahead of the release may well proved to cement support now towards 1.5750.
Cable’s just touched a high of 1.5810 and currently sits at 1.5800
