Cable regained traction on improved risk sentiment and probes above 1.20 after recent pullback from a multi-month high (1.2153) found footstep at 1.1957 (rising 10DMA). Larger uptrend remains intact but pausing after a failure on approach on falling 200DMA (1.2166). Strong bullish momentum on daily chart and Tenkan-sen/Kijun-sen in bullish configuration add to positive near-term […]
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