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Cable is through the December high

GBP

Cable pushes through the December high and now eye next resistance at 1.3414 50-day EMA.

  • As noted by many articles and as Politico: "Boris Johnson will not make any announcement this week on whether new COVID restrictions are needed after Christmas, a senior government source said last night, and will wait until next week for further hospitalisation data to give a clearer picture. Downing Street".
  • "The U.K. Health Security Agency is expected to confirm the details later. The news offers a much-needed glimmer of hope that the Omicron wave might not be as deadly in Britain as feared, but we’re definitely not out of the woods. The question of whether further measures are coming remains unanswered, as concerns remain over Omicron’s extreme transmissibility overwhelming the NHS."
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