UK Net Lending to Individuals m/m: 5.4B v 5.3B expected and 5.3B previous

GBP sensitive releases

The releases:

• UK Net Lending to Individuals m/m: 5.4B v5.3B expected and 5.3B previous
• UK M4 Money Supply m/m: -0.3% v 0.6% expected and 0.4% previous
• UK Mortgage Approvals: 66K v 66K expected and 65K previous

With the medium impact release of Net Lending to Individuals beating the expectation, Cable is finding some buyers after pulling back into the release.

Pulling back into what just happened to be previous resistance turned support on the intraday chart. Check out this level:

Now the data is out of the way for the European session, it gives me a chance to get into some technicals.

I really like this price action on Cable and in the DXY, just quietly!