Recent price action suggests GBP strength against USD. Our view is that the FED won't raise rates in December. Regardless, the only effect this news has on the prediction is that at that time the market price action might be a bit cagey.
On the weekly chart we see MACD being bullish and Cable on its way to break a channel and try for 1.59, a previous top. Nevertheless, with currency price actions acting out of the ordinary--meaning no strong trend following after a major break, especially one af…
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