Cable is being dominated on all timeframes by big Sovereign players and also option plays. I hear the option players are still active, with bids solid around 1.6035/45 and sellers ahead of 1.6150.
We miss Iridium’s techs.If only for contrarian value 🙂
Don’t worry Banya, I’m working on a separate page especially for totally excellent analysts like Iridium.
are the bids at 1.6045/35 still there? no significant bounce yet… btw, cable and eurusd both sold off exactly where china was selling last time
I think this matter of interest rates being “widely” discussed has helped the euro slide together with the pound.
Pound doesnt stay in a vacuum, trade figures were bad.However german data good as well as handful of PMI’s from europe.
I think a slide is in order for cable? Please let me have your thoughts. Thanks
Hi Hitesh, I think further range trading for next few months, max range 15750/16250 but possibly even tighter.
Your email address will not be published. Required fields are marked *
Notify me of follow-up comments by email.
Notify me of new posts by email.