It was a great war yesterday between sellers and buyer of cable as FOMC fundamental data was released.

We had rejection from 1.3657 on daily and 4hr while weekly and monthly remain bullish. This reversal formation might be for just pullback and a quick rise up from the following price 1.3318/1.3214/1.3109

if price slip above 1.3657 again price is going further higher.

The chart below is daily outlook of Cable (GBP/USD):

Technical Analysis,, Forex


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