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Cable Looks To Complete ABCD Pattern

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Sep 7, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Cable has been relatively buoyant over the past 24 hours as currency markets have reacted to the surprisingly weak US ISM Non-Manufacturing PMI figures. Subsequently, the pair’s price action has risen steadily above the 1.34 handle but the pending completion of an ABCD pattern is likely to dominate proceedings[​IMG]

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