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Upside Breakout Turns Cable Bullish

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 12, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The Pound found a surprising amount of bids in the latter half of the week which led to a break over the important resistance identified last week. Despite a sharp fall in the services PMI and a meek BoE, a weaker US Dollar saw the momentum swing in favour of[​IMG]

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