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Cable knocking up against short-term resistance level

Cable knocking up against short-term resistance level

News
Jamie Coleman
21/01/2011 | 17:11 GMT

Cable is testing a resistance line drawn off recent highs at the 1.6060 area as we begin the US afternoon. A sustained break of that resistance level suggest a move of about a 150 pips to the topside.

1-21 gbp
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