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Cable is through support

USD
  • The USD remains fairly steady overall.
  • But seeing some extension against the Pound and the SEK.
  • GBP test session low versus the USD, and JPY.
  • And Cable now eye 1.3156 2.0% 10-dma envelope.
  • Some will look at 1.3163 initially, as the early key area.
  • SEK is once again the poorest Currency versus the USD, with USDSEK now gaining 8.65% in a Month, and 1.35% for today.
  • USDSEK test the psychological 10.00 level.

Chart source: MNI/Bloomberg

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