Cable orders: 1.6070/80 could be ‘toppy’ in short-term

28/03/2012 | 01:33 GMT

Just reading through some of the overnight interbank chatter and it seems there are some hefty sell orders in the cable near 1.6070/80 which might prove tough to overcome in the short-term. If you’re long, that might not be a bad place to leave a ‘flyer’ and start booking some Profits?

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