The cable is rebounding given the demand for riskier assets. The pair is trading at 1.6612 dollars per pound right now, a climb of 151 pips since the session started.The bands of Bollinger show a volatility of 160 pips in the hour, while the RSI is on a clear neutral zone.The stochastic shows clear selling signs. If the trend stays to the upside, the next resistance is at 1.6650, while the support is at 1.6500 dollars per pound.

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