- Real money demand for GBP flagged as factor in pair rise to 1.5538
- 1.5538 = highest level for cable since Jan 2
- Risk of sooner than expected BoE rate hike = key source of support for GBP
- 1.5574 (100DMA) & 1.5621 (Dec 31 top) among cable bull targets pre-1.60
- 1.55 & 1.5480 supports (stops above 1.5480 & 1.55 tripped early Europe)


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