Cable slips all the way back

Having made session high of 1.6172 in the wake of the better than expected Halifax house price data, cable is all the way back down at 1.6120. A large US bank is said to have been a notable seller in recent trade. The earlier EUR/GBP sell recommendation will give you a clue as to the bank involved. You’d think they’d be on the other side of cable given EUR/GBP rec. Funny old World.

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