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50-dma Key Despite broad USD............>

CABLE TECHS
CABLE TECHS: 50-dma Key
Despite broad USD strength, GBP continues to display bullish intraday signals
suggesting further gains ahead. The 50-dma acts as near-term resistance at
1.3042, a break here would confirm a solid base is forming, opening the August
highs at 1.3143. Failure to hold 1.2900 would see downside momentum build with
bears targeting the 1.2750 level and Aug 15 low at 1.2662.

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