Cable has traded an almost identical range this week as it did last week

1.3809-1.4001 are this week's parameters vs 1.3801-1.4005 last week

50% retracement level of 1.4240-1.3779 helped define last week's high

This week's high was notched on the back of dovish Fed nL1N2LF2JI

Pound rose to highest level vs euro since Feb 2020 this week nL1N2LH0KR

GBP TWI last week hit highest level since June 2016 Brexit referendum