GBPUSD takes a breather whilst awaiting BoE

Following 4 straight weeks of losses, Cable is amid its most bearish move since the July lows. It had not come without warning though. Leading up to the multi- year highs price had reached a distance from its own 50-week MA which had previously seen Cable revert to the mean (and beyond). The DPO …

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GBPUSD takes a breather whilst awaiting BoE

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