Cable edged higher early Monday and pressure pivotal barrier at 1.3350 (Fibo 61.8% of 1.3423/1.3232 pullback / former recovery peak of Apr 24). Series of higher lows since 1.3232 correction low, with fresh recovery being tracked by ascending 10DMA add to near term bullish bias, with sustained break of 1.3350 needed to confirm that corrective […]
The post GBPUSD: Cable Remains Constructive But Likely Continue to Face Strong Headwinds from Key 1.3434 Barrier appeared first on Action Forex.
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