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CABLE

Boris told Macron over the weekend that the UK remains committed to a deal, but not at any cost.

  • Despite Brexit concerns and Boris set to announce a 3 tier lockdown in England today, GBP extends gains in early European trading.
  • The currency is up 0..33% against the SEK, and performing best against the TRY, up 0.37% in EM.
  • Cable is testing immediate MNI tech resistance at 1.3050 High Oct 9.
  • Above the latter, opens to 1.3079 50.0% retracement of the Sep 1 - 23 sell-off.

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