The Cable held a 61% fib level and bounced from here, thanks to the possible Brexit deal. We may see a complete ABCD cycle before the Brexit happens. 1.268XX looks like an ideal target for the bull-run with U.K. and Irish are working on the pathway to a possible Brexit deal. ----Point "D" meets absolute downtrend line colored in red----
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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.