Cable breaks above 1.33 in massive rally
Now up 235 pips on the day
Keep an eye on 1.3350 as cable mounts a monumental rally. The chart of the past three days has been an absolute mess with massive moves in both directions.
The climb above the weekly high is bullish but a break of 1.3350 would be the key technical change. That's going to be tough in the short-term but liquidity is going to be lower in the hours ahead so it could be a dangerous one.