• Cable On-Balance Volume is on the rise as upticks have seen stronger volume than downticks over the past few sessions. Short term, 1.50 is likely to hold firm.
• Volume stepped up for the USD as weakness took hold yesterday; the risks have increased for a period of near-term consolidation for the greenback.
• For several JPY crosses, the lowest volume was seen (below a 1-week average) as the JPY is sidelined for the time being.
• EUR/NOK volume is on the rise as the uptrend extends; this favours further gains.
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Barclays