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GBP/USD continuing to lurch higher as.........>

CABLE
CABLE: GBP/USD continuing to lurch higher as tailwinds from poor US data and
somewhat bullish BoE testimony lift the pair back towards unchanged. Overnight
highs at $1.4008 will be the immediate level of resistance and a break above
here would open a move toward the Feb20 highs at $1.4025 and the touted model
sell interest at the $1.4040 level.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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