Forex

Cable Is In Strong Recovery With Room For More GainsMar 12, 2025

Cable is in strong recovery, with price accelerating now even outside of an upward channel which confirms a continuation up into wave C/3 that can be made by a lower degree impulse as pair even breaks above 1.28 which can be interesting support on blue wave four dips.

Cable Is In Strong Recovery With Room For More Gains GBPUSD 4H Chart
GBPUSD 4H Chart

The reason why Cable can stay in an impulsive recovery is because the British Pound is one of the strongest currencies since DXY broke below 106 level, so buying dips makes sense.

Cable Is In Strong Recovery With Room For More Gains

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