Cable slumps through 1.5900

Cable has fallen to the lows of the day at 1.5881, bids at 1.5880 and 1.5850.

The key level on my charts is 1.5909, which is the 61.8% retracement of the May drop. We squeezed as high as 1.5934 yesterday but have been unable to hold onto those gains.

Offers at 1.5950.

Featured Videos