Cable regained traction and bounced above 1.2500 mark on Wednesday, lifted by weaker dollar ahead of Fed decision. Fresh advance generates initial signal that two-day pullback from new 2023 high (1.2583) might be over, as today’s acceleration retraced 61.8% of 1.2583/1.2435 correction. Series of higher highs and higher lows suggest that larger uptrend from 1.1802 […]

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