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Cable - Break Out Of N/T Congestion To Signal Fresh Direction, O/B Conditions Warn

Discussion in 'Technical Analysis' started by Kaitlin, Sep 6, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The pound broke into daily cloud on fresh strength that emerged from 1.3286 (correction low), after recovery action failed to sustain gains above 1.3369 pivot (03 Aug high). Doji candle was left on Monday and signals hesitation, as pullback from fresh high at 1.3373 failed to close above another significant[​IMG]

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