A very large buy order in cable executed by a custody bank has sent EUR/USD soaring as well. Stops above the 1.4250 level. More stops are seen above the Monday high at 1.4320. markets are razor thin as banks worry more about their ability to fund there operations rather than take fresh risk or go out of their way to provide liquidity to customers. As this afternoon’s price action shows, providing liquidity can have its downsides…The early Monday high at 1.8125/30 is next stumbling block for the newly resurgent pound. One the fundamental side, takeover talk for HBOS is helping steady nerves in the UK as the largest mortgage lender finds a white night bid by Lloyds TSB.