As cable heads to 1.60 then back to 1.5955 big names as well as Middle Eastern demand have been lapping up the quid.
Adam’s just covered cable but the moves have helped EUR/GBP lower too. 0.7814 is the low so far and marks an area of prior support at 0.7810/15.
EUR/GBP H4 chart 05 11 2014
