Although cable extended decline from last week’s high of 1.5382 to intra-day low of 1.4929, as sterling has recovered from there partly due to cross-trading, suggesting minor consolidation above said support would take place and gain to the Tenkan-Sen (now at 1.5061) and 1.5100/05 (approx. 38.2% Fibonacci retracement of 1.5382...

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