The cable rebounded at the 1.6520 support to trade at 1.6572 right now. If the trend continues to the upside, the resistance at1.6592 could revert the trend again.The bands of Bollinger show a volatility of 240 pips in the hour, while the RSI is around the oversold area.

Traders expect the sterling could decline again against the dollar, during the day.

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