GBPUSD Going for 1.8500 |
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Cable started once again to move lower, although we did expect it to stay around current level for a while longer if not even retrace. 1 hour chart displaying the last few days show the pair trading inside the 1.8800 and 1.85 making lower lows and forming a divergenge with the RSI 14(lower panel). The RSI also signaled a short opportunity when it bounced from the 50 line for those who were early risers this morning, but for the rest of us it is still pointing lower. Making a new low under the
Filed under: Technical
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