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1.56
long position which should help push this pair up
50.0
to our next upside target at 1.6500 seeing as
1.54
38.2
bullish momentum is stronger than it has been
1.52
in a year. Cable is overbought though, yet one-
1.5 month at-the-money implied volatility is only
1.48 fractionally higher than its long term mean at
1.46
8.80%. More short-covering is likely to emerge
soon. Note that important long term resistance
1.44
lies between 1.6800 and 1.7000 and only above
1.42 here will serious fretting start.
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