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1.30 Tagged The recovery in GBPUSD......>

CABLE TECHS: 1.30 Tagged
The recovery in GBPUSD gained steam yesterday with the pair briefly tagging
1.3001 before settling just below this handle. The bulls are in charge and a
close to the week above 1.30 would be very bullish. Above here would turn
attention to the 200-dma at 1.3089. Bears look for close back below 1.28 to
shift the outlook neutral, with a break of 1.26 needed to return focus to the
Jan 2 low at 1.2441.

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