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Cable makes another attempt at the immediate resistance

GBP
  • Cable made a second attempt at that initial resistance of 1.2888, managed a 1.2894 high, highest levels since July.
  • Market participants will be looking at 1.2900 next, but in terms of pure technical, next upside level is much further out, up to 1.2996 High Jul 27 2023 .

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