Cable still showing downside tendency. Maintain the same outlook.
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DislikedHello guys there are six weeks left in year 2021 and lots of movements is expected. Below are some research excerpts that may be of help in deciding your trade directions. ✓ Minimum August to December Range is 819 Pips ✓ Current (year 2021) August to December Range High 1.3957 - 1.3352 Low = 605 pips, which means at least 214 more pips left to break either 1.3957 or 1.3352 Assuming 1.3957 high stays unbroken 1.3957 minus 819 pips = 1.3138 Possible Low By or Before end of December Assuming 1.3352 Low stays unbroken 1.3352 plus 819 pips...Ignored