2 years Cable extends fall towards 1.2400 as sellers look to seize near-term control     

The pound is the weakest performing major currency so far today
Price is starting to move closer to the 1.2400 handle now with the 61.8 retracement level @ 1.2399 and the 29 April low @ 1.23889 helping to add some layers of support.

Read full article Cable extends fall towards 1.2400 as sellers look to seize near-term control and don't miss and other topics, financial news headlines, business stories, opinions and trade analysis on Market Insider.