GBP crosses/Technical Analysis

Cable technicals: Play 1.6140/1.6300 to start the week

Many thanks to Ivan at FX Street for introducing me to this ridiculously good charting service called Trading View which makes my life a whole lot easier now.

Here’s a link to the 2hour chart which suggests that we should be buying dips back towards 1.6140 early in the week.

The longer-term charts show that resistance around 1.6300 is strong and should be respected.

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