Brexit deal in the next few days could decide where Cable goes for the next few years. Watching closely for positive break-out, which should eventually take this pair to 1.40+ as GBP remains cheap historically. Will move fast too, as this pair is heavily shorted.
However, may goes lower in short-term, as Brexit deal essentially priced in already, but extremely hard to predict.
However, may goes lower in short-term, as Brexit deal essentially priced in already, but extremely hard to predict.