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GBP/USD threatens 1.4650 on profit-taking

Cable rise to threaten 1.4650, profit-taking on shorts influences 1.4588 = early NY/London lunchtime 58mth low Resistance at 1.4684 (Thursday low) & 1.4740 (last week's low) Fair size 1.4650 option expiry for today's NY …

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  • Cable rise to threaten 1.4650, profit-taking on shorts influences 

  • 1.4588 = early NY/London lunchtime 58mth low

  • Resistance at 1.4684 (Thursday low) & 1.4740 (last week's low)

  • Fair size 1.4650 option expiry for today's NY cut

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