SYFX

Cable turns higher ahead of the London fix

November 24, 2020 at 04:02PM

Bid emerges as US dollar softens
The 4 pm London fix is a few minutes away and cable is rallying into it. GBP/USD is now up 31 pips to 1.3352.
That’s 70 pips from the European sessions lows with most of it coming in the past 30 minutes.

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