By Rob Howard — Feb 09 - 10:10 AM
Cable hits 1.3794 after vaulting 1.3789 (Ldn am high and early NY high)
1.3794 is the highest level since April 2018 (1.4377 was high that month)
Mooted stops above 1.38 might fuel further gains if tripped
Bull targets include 1.40 nL1N2KF186. 1.3759 and 1.3740 are support points
1.3759 was last month's high. 1.3740 was Feb 5 high (after soft NFP data)
1.3680 was Monday's low, before bitcoin surge hurt USD nL1N2KF0L8
GBPUSD Click here
Source:
Refinitiv IFR Research/Market Commentary