Cable has risen back up to the 1.6110 range highs. There is the possibility of a rotation back down at this level – possibly targeting 1.5855 - but a break below 1.6050 would be required to confirm such a move, and in the absence of any major data out today it seems unlikely. What seems more likely is that the pair will continue higher, breaking above the 1.6110 highs, and moving up to the higher range-highs at 1.6250.
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