Cable is trading at a new high as expected, but now in fifth wave of an extended red wave 3) so traders should be aware of a limited upside. Ideally, we will see a turn back into wave 4) from 1.2550 area early next week.
GBPUSD, 1H
Cable Could Make A Temporary Reversal From Around The 1.2550 Zone
Cable is trading at a new high as expected, but now in fifth wave of an extended red wave 3) so traders should be aware of a limited upside.
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