Cable breaks key resistance and highlights potential shift in long term market sentiment

Cable has seen significant upside off the back of today’s better than expected UK GDP figure. Crucially, this 0.3% increase avoided the dreaded triple-dip recession and hints at improved prospects for the economy. Subsequent price action in the pair saw a 150 pip rise, yet the wider implications of…

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Cable breaks key resistance and highlights potential shift in long term market sentiment

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