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1.32 Holds For Now Strong UK Retail.....>

CABLE TECHS
CABLE TECHS: 1.32 Holds For Now
Strong UK Retail Sales & broad USD weakness underpinned, GBPUSD challenged but
failed to break 1.3300. Bulls need to clear this level to cement the
shorter-term outlook and test the 38.2% retracement of 2018 range at 1.3317.
Above here opens a move towards the Jun 7 high and 200-dma at 1.3472/1.3520.
Bears need to see a close back below the 100-dma, before challenging 1.30 to
re-establish the broader bearish trend.

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