I mentioned in an earlier post that I thought cable had another spike in it and we’ve just seen a move to 1.6380 from 1.6353 as EURGBP breaks down through decent suppport as 0.8400 and triggers stops toward the next line of demand at 0.8385.
More buyers in the dip to 0.8365 and 0.8350.
Sellers now lining up between 0.8410-30
Currently 0.8392 after 0.8390 lows
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