Although There Is Potential for a Correction, as Long as It Does Not Break and Close Below 1.3436, Cable Remains in a Strengthening
Although There Is Potential for a Correction, as Long as It Does Not Break and Close Below 1.3436, Cable Remains in a Strengthening Bias. Monday, 08 September 2025.
[GBP/USD] – [Monday, 08 September 2025]
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[GBP/USD] – [Monday, 08 September 2025] Although the RSI is at a Neutral-Bearish level, indicating a weakening momentum, as long as the 1.3436 level is able to hold, GBP/USD has the potential to resume its strengthening. This is due to both EMAs still forming a Golden Cross. Key Levels Resistance 2: 1.3622 Resistance 1: 1.3563 Pivot: 1.3495 Support 1: 1.3436 Support 2: 1.3368Tactical ScenarioPositive Reaction Zone: If Cable's price manages to
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