There is speculation that fresh Central Bank reserve diversification demand for GBP may have aided cable's recovery rally from an early NY intra-day low of 2.0016. That recovery rally ran into resistance at 2.0074 (yesterday's high).
2.0074+ obstacles include 2.0104 (early Europe high), 2.0133 (European morning, 26-year top), and 2.0150. There is exotic option exposure at 2.0150. Further exotic option barriers reside at 2.0175, 2.0200, 2.0250, 2.0300, 2.0450 and 2.0500+.
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