Cable continues higher in Asia
Cable has added another 10 pips to yesterday’s gain and is flirting with a series of January highs that stretch up to 1.3758. That’s just 5 pips above spot so we could see some stops run in Asia-Pacific trading or later today.
If that does give way we’re into fresh highs since 2018 with little standing in the way of a return to 1.43.
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