By Rob Howard — Jan 04 - 03:55 AM
Cable leaps to 1.2084 as risk-sensitive GBP benefits from Hang Seng gains
Hong Kong's equity index rose 3.2% today. 1.1960 was Asian session low
Offers are likely lurking either side of 1.2100 (1.2091 was Monday's high)
1.2105 was last Friday's high. 1.2109 is 38.2% Fibo of 1.2446-1.1900
1.1900 was Tuesday's six-week low. 1.2126 was last week's peak (Dec 28)
Inflation drives Britain's record Christmas grocery sales nL8N33B3FF
Source:
Refinitiv IFR Research/Market Commentary