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200/100-DMAs Remains The Focus GBPUSD...>

CABLE TECHS
CABLE TECHS: 200/100-DMAs Remains The Focus
GBPUSD is back on the front foot as bulls look to overcome yesterday's high at
1.2947 to open the key 200/100-dmas just above at 1.2959/72. 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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