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The dollar's poor finish to 2017 has..........>

CABLE
CABLE: The dollar's poor finish to 2017 has followed through this morning to the
benefit of GBP/USD, which sits at the day's high ahead of Manufacturing PMI
numbers in an hour. November's best levels of $1.3550 could provide some
resistance today ahead of technicals targeting $1.3569 (marking the 1.618% swing
from $1.3467 - $1.3302). 2017 highs are still in tact at $1.3657, but this could
become a target relatively quickly if the past few sessions are anything to go
by.
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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