So it went slightly above 1.4850, just better levels to sell, possibly, maybe? At least we’re back at 1.4839/41 at writing, so there’s a profit there.
Some unconfirmed talk BIS might have been buying at lower levels, but I wouldn’t hang your hat on that.
Talk had a big ACB selling up at 1.4882 overnight (I think it might have been China, just between me and you) That should ensure some added caution if we get back up to those sort of levels.
