Cable tests resistance, which holds

Cable went up to test aforementioned 1.6150 resistance, but sell interest just ahead of said level has been enough to cap the topside for now. We’re presently back at 1.6125. Seems stops are up around 1.6160.

Elsewhere, EUR/USD at 1.4135. Talk of buy orders lined up down at 1.4100/10, which seems a fair ways away given sluggish trading conditions.

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