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2015.05.0508:55:00UTC+00Gbp/usd Ascends to Threaten 1.5174 After US Trade Deficit Spikes

  • Cable rises to threaten 1.5174 on US trade deficit spike, 1.5185 resistance beyond
  • 1.5174 was Monday high & Apr 28 low
  • 1.5185 = 23.6% of 1.5498 (Apr 29 high) to 1.5088 (London am low)
  • US trade deficit at USD 51.37bn vs USD 41.2bn forecast, highest since 2008 

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