Cable is moving within a narrow range in early Friday and remains constructive after Thursday’s 0.75% advance. Technical picture is mixed, as moving averages of 10/20/30 days are conflicting, bullish momentum is weaker and RSI neutral. Falling daily Ichimoku clouds weighs, along with a double-top pattern forming on weekly chart and warning of recovery stall. …
GBP / USD: Cable Remains Constructive But Downside Still Vulnerable; US Jobs Data in Focus:Read More:
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