Cable has pulled back somewhat from the recent high of 1.6823 and the bulls will be hoping to re-initiate fresh longs at 1.6605 (the 38.2% retracement of the...

Chris Weston

Pepperstone

Cable has pulled back somewhat from the recent high of 1.6823 and the bulls will be hoping to re-initiate fresh longs at 1.6605 (the 38.2% retracement of the 1.6252 to 1.6823 rally). In UK trade (20:30 AEST) we get the latest employment change and unemployment rate, although this metric is slightly less important these days for sterling given the BoE new guidance.


MORE ON



Head of Research
Pepperstone

Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.