Яндекс.Метрика Cable trades above 55-day moving average for first time since April ⋆ Technologies of the future for life!
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Cable trades above 55-day moving average for first time since April


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Cable breaks the 55-dma

Cable touched as high as 1.3052 on the Barnier headlines before slipping back a few pips to 1.3030 but it remains up 116 pips on the day.

Technically, the 55-day moving average has been a tough level to break in the past four months and before that was an important support level.

If you’re watching the close, the level sits at 1.3019.

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