By Rob Howard — Nov 25 - 05:55 AM
Cable falls to 1.3317 after running into resistance ahead of 1.34 again
1.3384 = intra-day high (shortly after 0800GMT). 1.3380 was Tuesday's high
1.3396 was Monday's 11-week high. 1.3400 is an option expiry/barrier level
Monday's rise to threaten 1.34 was influenced by EU-UK trade deal hope
EU's von der Leyen sees "genuine progress" in talks, no-deal still possible
See: nL8N2IB1TS. Bids expected around 1.3300 (1.3294 was Tuesday's low)
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Source:
Refinitiv IFR Research/Market Commentary