Cable finally chews through bids at 1.3000

Cable tries to hold the line

An epic battle took place at 1.3000 ahead of the options cut but with that now past, the pair sank down to a fresh session low of 1.2995.

That leaves technical support at 1.2988 as the last line of defense against a fall to 1.2940.

Cable tries to hold the line

The market just can't get away from the never-ending political problems.

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