After following a slump rally for two days in a row, the Cable appeared to head up for recovery today. In the early hours, the GBP/USD pair was lingering near 1.2433 level or 23.6% Fibonacci level.
The Chinese Yuan pair had struggled hard in the last few sessions to stay above 6.8772 level or 38.2% Fibonacci level. Somehow, the bulls couldn’t hold gains for long. The USD/CNY pair underwent a ...
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