Cable eases to 1.3100 as the dollar keeps steadier so far on the session

The dollar is maintaining a slight advance for the most part thus far For bank trade ideas, check out eFX Plus The dollar is holding its ground on the session and is keeping a modest advance against the pound, as cable slips to a session low of 1.3093 and testing the 1.3100 handle. A drop […]

Continue Reading

Cable creeps back a little higher above 1.3100 as buyers wrestle back some near-term control

GBP/USD pushes to session highs for the day, price action now in a battle between the key hourly moving averages For bank trade ideas, check out eFX Plus Near-term support at around 1.3067-74 held earlier today and that is helping to see buyers try to wrestle back some control in a push back above 1.3100 […]

Continue Reading

Cable buyers still in search of a firm daily break above 1.3100 to start the week

GBP/USD holds a little above 1.3100 but buyers have failed to keep a break above the figure level into the close three times since last week Will this time be any different? For now, it is hard to see that materialise unless there is significant weakness in the dollar in the sessions ahead. Cable buyers […]

Continue Reading