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Cable broke above 1.5485 and 1.5500 in early European session and traded up to 1.5538. It then reversed and fell all the way back through both levels to 1.5467, which is common pattern when busting strong levels. It stabilized just below the big figure but is now trying to reclaim it. The next stronger layer of resistance is now between 1.5580 and 1.5620 (100 DMA, this year's high, 1.56 level and December 31 high).
