Looking at how fundamentals have affected Cable in recent years, we can see how the Brexit uncertainty and Lockdown caused a pretty big drop. Currently in the UK, we have COVID cases on the rise and more Brexit complications on going. This could be a double whammy for cable, taking it to revisit lows.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.