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100 & 200-dma's In View Having..........>

CABLE TECHS
CABLE TECHS: 100 & 200-dma's In View
Having recovered the 1.29 handle Friday, GBPUSD accelerated to 1.2946 and brings
the 200 & 100-dma's into view at 1.2960/67. A close above would reignite upside
momentum towards the 1.30 handle & triangle top resistance at 1.3004, suggesting
an upside reversal. On the downside bears focus remains on Friday's low at
1.2866, ahead of the Feb 12 low at 1.2833 and 61.8% retracement of the 2016 lows
to the 2018 highs at 1.2810.

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