1.5878 has been the high and that’s just short of the 200 day MA at 1.5894. At least its behaving as Gerry told it to yesterday…!
Offers lie in the 1.5880/00 bracket with buy stops just above. Support now rises to 1.5845/55 and there are reports of sell stops below through 1.5840 ahead of next tranche of bids down at 1.5800/10 and 1.5775/85 (1.5783 tenkan line)
Cable’s trading around 1.5875
