We could potentially see large gains in Cable. The pair has been repressed in the past year by political instability. First by the Scottish independence referendum last year and now by the coming EU exit referendum. But as time goes on the 'Remain' camp continues to secure the lead. This could lead to some short squeezing as we get closer to the referendum date in June.
On the daily chart below we can see a completed reverse Head and Shoulders pattern. This signals that more gains could be on th…
On the daily chart below we can see a completed reverse Head and Shoulders pattern. This signals that more gains could be on th…
