Cable sees quick, sharp, sell-off. Not helped by Debenham’s talk.

Cable has seen at quick, sharp sell-off to 1.7560 at writing. The pound certainly isn’t being helped by the Debenhams’ share price which is off 8% amid swirling rumours of a possible bond default. There is talk of some buy orders at 1.7550, which has slowed the move lower so far.

Featured Videos