Cable slips down through Ichimoku cloud
Speculative names apparently behind the slip through the cloud base (1.5973) to 1.5966, just ahead of the 21 day MA at 1.5964.
Rather like the EUR/USD move , it doesn’t look too convincing and with the large 1.6000 vanilla expiry rolling off in a couple of hours I wouldn’t be surprised if this move is lacking conviction.
Bids lie below down in the 1.5920/30 zone with the 100 day MA coming into play just below around 1.5912
Cable’s trading around 1.5976