Cable extends directionless mode into fourth straight day, trading between 10DMA (1.1923) which offers solid support and strong barriers at 1.20 zone (psychological / falling 20DMA / Fibo 38.2% of 1.2406/1.1760 bear-leg. Pound benefited from stronger than expected UK PMI data, but remains weighed by weaker Euro on downbeat EU PMI’s and also by a […]
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