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...
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.
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