FX & CFD trading involves significant risk
Cable has met support on the approach to $1.6250, with bids seen around the 50% retrace of the recovery from Asian lows of $1.6215 to $1.6285. A break of $1.6250 to open a deeper move toward $1.6235/30 (76.4%) ahead of the overnight low at $1.6215. Resistance seen at $1.6285, a break to open a move toward $1.6300/20.
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