Today’s low of 1.5781 hit a key support for sterling with the 38.2 % fibonacci retracement of the rally from 1.4230 -1.6745.
If this is broken then next support should be around the 1.5750/55 lows of Jan 25
Cable’s around 1.5844
Today’s low of 1.5781 hit a key support for sterling with the 38.2 % fibonacci retracement of the rally from 1.4230 -1.6745.
If this is broken then next support should be around the 1.5750/55 lows of Jan 25
Cable’s around 1.5844
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