Mizuho Corporate Bank - Lagging badly as the pound remains seriously out of fashion. Also disappointing as EUR/GBP inches up to a new all-time high at Ã‚Â£0.7644. Cable is obviously struggling with the psychological 2.0000. A sustained break above here should send many back to the drawing board and completes a 'triple'/'rounded bottom'. Price action over the last two days is seen as a small 'flag' which should set up for an imminent test of the top of the Ichimoku 'cloud'. Note that this is extremely thick and prices might consolidate within it for several weeks.
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