(1,5704) The CABLE is confirming further weakness remaining under serious pressure. Possible further direct weakness toward 1,56. The indicators of the daily chart are still well negative but now they start to be oversold while showing potential positive reversals; we remember that on the way up above 1,63 the CABLE formed bearish divergences in the daily chart. The indicators of the s/t charts are mixed to negative supporting further weakness. We stay on the sideline for now but will try to buy the CABLE in case of an important sell off that will probably sent the EUR/GBP above 0,86!!
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