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GBP/USD: Cable Moves Within Extended Range Ahead of Key US Data

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Cable remains in extended sideways mode, with a narrow range on holiday-thinned markets on Good Friday. Near-term action is ranging between 200DMA (1.2588) and thin daily cloud (spanned between 1.2634 and 1.2663), with predominantly bearish daily studies keeping the downside at risk, although the pair is still looking for stronger direction signal. Markets await release […]

The post GBP/USD: Cable Moves Within Extended Range Ahead of Key US Data appeared first on Action Forex.

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