*Our percentile ranking reads as follows:
1 = 2-DMA up to 150-DMA > 200-DMA
0 = 2-DMA up to 150-DMA < 200-DMA
*We have recently seen EUR/USD falling into neutral after the 1.0 percentile readings posted in Q1. Also, GBP/USD has pulled back to 1.37 in recent weeks. USD/JPY remains extended, potential for correction to continue.
*Momentum models remain proprietary at Cable FX Macro, using close prices provided by Bloomberg
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