Sometimes the very best market observations come from the comments section on ForexLive. Case in point: Simon’s observation that “able always lures in the bears , then rallys hard …”
True enough, as the pound sprints up to 1.6365/70 after languishing in the 1.6320s in early New York trade.
I’m still trying to reconcile how to square Simon’s observation with Sean Lee’s Law: It’s never too late to sell Cable!
