I posted earlier on the follow through cable selling in super-early, super-thin liquidity New Zealand session (and it's a New Zealand holiday too!).
Cable is circa 1.0795, up a little from its really early lows.
Of course, the collapse in GBP/USD continued on Friday, this morning just added a little to the losses. Its still very early (prior to 7am in Sydney/Melbourne, prior to 6am in Tokyo, prior to 5am in Singapore & Hong Kong).
Chart is representative of the Reuters matching engine trades this morning so far:
