Home Forex Trading Cable climbs to a fresh high into the fix. What's next – ForexLive

Cable climbs to a fresh high into the fix. What's next – ForexLive

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The pound continues to push higher

Cable is on a nice run today on the heels of the CBI retail report. The pair is up 62 pips to 1.2945 with an extra push into the London fix.

The pound continues to push higher

This is a great looking chart with nothing really in the way until 1.32. There’s no need to complicate it. Today the US dollar tried to make a stand and has made a bit of headway against the loonie and kiwi but it’s faltering. That’s a great sign on which way this trend is headed.

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