Technical Analysis

Cable rises above the November excessive

One other technical win for the pound

Another technical win for the pound

Cable continues to stretch greater and is now up 122 pips on the day to 1.3186.

That is the fifth consecutive day of positive aspects for the pound and it is now cleared the November excessive of 1.3175 on continued hypothesis that Could goes to discover a approach to get the votes to get a deal.

Technically, the following stage to observe is the October excessive of 1.3258 and the September excessive of 1.3298.

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