Target: TP1 - 1,5050
Protection: SL -1,5255
Our setup: 1,5150
Background: The Cable is still remains under pressure, was only a false breakout from the bearish mood yestreday. Therefore, the outlook is still negative. That was the test of 1,5175 which was a key resistance level and turned down again the cross. We are bearish and sold at 1,5150. Fundamentally shows general weakened Sterling against the greenback.
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