Яндекс.Метрика Cable gets a second wind in rally to 1.2830. Some life on the daily chart ⋆ Technologies of the future for life!
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Cable gets a second wind in rally to 1.2830. Some life on the daily chart


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Cable up 80 pips since Powell

It’s more of a case of USD selling off than the pound rising on anything Brexit related.

Hourly chart:

Draw your attention to the daily chart where this may be helping to set up a double bottom and a bullish reversal. Cable would need to get above 1.2950 to have any real momentum but this is a nice start and chatter than public opinion is swaying towards taking the EU Brexit deal could add fuel to the fire.

ForexLive

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