Gorilllah
Long

Time to buy Cable again?!

FX_IDC:GBPUSD   POUND STERLING / US DOLLAR
69 1 2
Since cable found support at a new yearly low around 1.4565 its been rallying up without a normal correction. Since we finally found resistance around 1.5813, cable is finally recovering from that onesided upmove and is approaching a key buyzone... This is the zone where buyers need to reload to keep the bullish momentum going towards 15870 into 1.60.

...unless market gets all excited again about FED rate hikes....
Gorilllah
a year ago
1.5870 got hit. Bonus round 1.60 next?
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