Cable gets big lift at 15:00 GMT fixing
From forexlive.com
Out of nowwhere, real money cme in and bought lumpy amounts of cable at the 15:00 GMT fixing. We popped a quick 25 pips in no time to 1.5615. EUR/USD is following suit. Looks as though real money might be lifting hedges put in place weeks ago to guard against a Euro collapse…
(full story)