GBPUSD Outlook: Cable Pulls Back After Bulls Failed At 200DMA
<p>Cable holds in red and some hundred pips below Thursday’s two-week high (1.2642), hit after 1% daily rally, sparked by month-end dollar’s sales. The rally was capped by key barriers at 1.2647 (14 Apr former high / 200DMA) and sterling dipped after facing reality. Global optimism was revived by a number of countries starting to […]</p>
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