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Pound extends gains ahead of tonight's dinner

GBP

GBP extends through the high of the session against USD, EUR and JPY.

  • Positioning ahead of Johnson-VDL dinner, set to start at 19.00GMT.
  • MNI tech extension in Cable is seen to 1.3512 1.0% 10-dma envelope.
  • EURGBP test next immediate support at 0.8983 Low Dec 4.
  • Below the latter sees 0.8958 Former trendline resistance drawn off the Sep 11 high

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