By Rob Howard — Jan 03 - 02:50 AM
Cable is starting the new year as it ended the last; above 1.2000
1.2003 was last week's low, Dec 28 (1.1993 was last month's low, Dec 22)
There are GBP 1 billion 1.2000 option expiries through the end of next week
1.2080 = intra-day top (1.2091 was Monday high); offers expected above 1.21
Last Friday's high was 1.2105 (Dec 30). Last week's high was 1.2126 (Dec 28)
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Source:
Refinitiv IFR Research/Market Commentary