There’s ‘risk is back on’ early chatter in the market after the Fed-minutes induced sell-off last week. I’m not sure how much this is going to support Cable; it does seem there are still offers around.
Topside:
- 1.6130/35
- 1.6105/10
Downside:
- 1.6045/50
- 1.6010/15 – stops below 1.6000