Against a background of bullish
weekly signals for sentiment, CABLE continues to track the upper band of a rising daily Keltner
channel. There was limited movement in this currency pair Tuesday but it is the buying of a modest profit taking dip that emphasises the underlying tone. Therefore, this morning’s call is Bullish
fat 1.3765 but leaving room to also buy a 1.3742 dip, yesterday's low. The risk is 1.3711 with upside targets of 1.3800, 1.3836, Asia’s high, and towards 1.3878.