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100/200-DMA's Holding For Now GBPUSD....>

CABLE TECHS
CABLE TECHS: 100/200-DMA's Holding For Now
GBPUSD is sitting just above the 200 & 100-dma's at 1.2964/59 with a close below
here needed to open the Mar 10 low & cloud base at 1.2949/11. Below here would
extend the selloff towards the mid-Feb lows. Bulls look to recover the 1.3050/55
area before challenging triangle top resistance, which comes in around 1.3050.
Above here opens a run at the 1.31 level, ahead of the Apr 12 high at 1.3133.

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