As the USD continues to soften in afternoon trading in NY, cable has taken out the 1.5192 highs set in early Asia, triggering stops above 1.5200 and seeing the pair touch a high so far of 1.5222. EUR/USD had remained capped ahead of the 1.3080 level with this level taken out and stops triggered above as the pair now heads towards the next layer of resistance at 1.3208. (full story)