Bank of England BOE Cable forex FX GBP GBPUSD. GBP/USD remains supported ahead of key UK data and BoE decision James Chen, CMT. September 11, 2017 5:45 PM Equity markets rallied back on Monday and safe-haven demand took a downturn as Hurricane Irma abated and North Korea refrained from conducting more missile tests (for the time being). ... GBP/USD has started the week with considerable losses. In Monday’s European session, the pair is trading at 1.2830, down 0.68%. Brexit tensions could weigh on pound It has been a wild ride for ... Cable is a slang term used by Forex traders to refer to the British pound vs US dollar exchange rate. The term dates back to the mid-19th century when the GBP/USD exchange rate was transmitted across the Atlantic Ocean using a large cable that ran across the ocean floor between the United Kingdom and the United States. Clearly, the cable (GBP/USD) remains one of the favourites. Therefore, forex traders will do well to understand the internal dynamics that drive bullish and bearish positions on this currency pair. Olsson Capital analyst, Hamish Cornwell has advocated for a greater understanding of the internal and external factors that drive currency pairs ... Cable Breakout Forex Trading System is a combination of Metatrader 4 (MT4) indicator(s) and template. The essence of this forex system is to transform the accumulated history data and trading signals.
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