U.K. press reports Office for National Statistics (ONS) revealed on Friday that there was a mistake in the data used for calculation of inflation indicators. A correction will be published today and is expected to result in revisions higher.
This has been a good excuse for Cable shorts to take some profits. The pair gapped up 20 pips on the open and then added another 30 by the time European trading got underway. 1.3225 - 1.3250 is the immediate resistance. 1.30 - 1.305 looks like a strong suppo…
This has been a good excuse for Cable shorts to take some profits. The pair gapped up 20 pips on the open and then added another 30 by the time European trading got underway. 1.3225 - 1.3250 is the immediate resistance. 1.30 - 1.305 looks like a strong suppo…