ACB caps the cable

Author: Pete Jackson | Category: News

Talk in the street that an Asian sovereign was spotted towards the 1.5930 level on that last rally  following the MPC minutes release from 1.5905 (high 1.5930), and there are more offers sitting above in the 1.5940/50 zone,  with some bids  now drawn up to 1.5900/10.

GBP/USD’s trading around 1.5919,