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100-DMA Key GBP momentum continues to...>

CABLE TECHS
CABLE TECHS: 100-DMA Key
GBP momentum continues to build, underpinned by stronger-than-expected UK
Construction PMI. The 100-dma comes into view at 1.3042 with bulls looking for a
close above to maintain the recent uptrend. The support-turned-resistance
trendline from the Aug lows comes in around 1.3080, a break opens the Oct 16 low
at 1.3141. Bears need to close back below 1.30 to return the focus to 1.28, a
break here changes the outlook negative.

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