Cable is pulling back as the dollar rebounds broadly in early US trade. Cable has pulled back sharply after stalling at 1.5900 following a very upbeat UK GDP report and a vote of confidence on the sovereign debt rating from S&P.
Support lies in the 1.5820/35 area but there is a gap down to the 1.5788 level just aching to be filled.
Now that cable has everyone on board, it is time to crush their spirits…
