In this session, verified that the london market began with a slide, followed by rise till 9.45 US time, then it slid after that. Volatile as usual, but in the context of a Euro debt crisis vs a US debt crisis, it seems like the Euro and Sterling actually fell, and the USD went up. Fundamentally, USD should go down too.
For Cable, once 1.63269 gives way, it should be sliding down some more.
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