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Why I’m trading cable: Lambert

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Clive Lambert, of FutureTechs, says he is trading GBPUSD with levels being affected by Brexit vote news headlines.

Lambert says cable had a strong rally on Wednesday, but had a quieter following day on Thursday, posting a Doji pattern.

His day trade is to selling a break below 1.4560-65, working a 50-tick trailing stop with a target of 1.4465. He plans to close the trade by 16.30 CET if he doesn’t hit the target.