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Cable targets 1.2400

GBP
  • Cable eye a test down to 1.2400, as EURGBP test the 0.8800 handle.
  • Small support moves up to 1.2390, followed by 1.2345 Low Apr 10
  • The Dollar is mostly back to flat in G10, despite the risk on tone, with VGM3 and ESM3 at session high.
  • Best performer is still the SEK, up 0.65%, while the Yen sits at the other end, down 0.12%.

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