Cable breaks resistance around 1.3950/60
Small victories and all that but the pound has made an upward move that will relieve some downside pressure.
GBPUSD 15m chart
No surprise to see 1.40 playing hard ball with sellers at 1.3990. 1.4020 will be the next hurdle should we go through the big figure
GBPJPY will be helping having added nearly 300 pips from yesterday's 154.63 low
In case you missed it last night, I made a case for cable longs playing the long term tech. I'm now hoping I haven't missed that boat
