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All eyes on the 1.2763 key..............>

CABLE TECHS
CABLE TECHS: All eyes on the 1.2763 key resistance:
*RES 4: 1.2865 Apr 25 low
*RES 3: 1.2816 50-DMA
*RES 2: 1.2813 High May 21
*RES 1: 1.2763 High Jun 7 and key resistance
*PRICE: 1.2750 @ 04:02 GMT June 24
*SUP 1: 1.2633 Former trendline resistance, now support
*SUP 2: 1.2542 Low Jun 19
*SUP 3: 1.2476 Low Dec 12, 2018
*SUP 4: 1.2407 Low Jan 3 and major support
Cable remains bullish following last week's trendline break. Momentum is rising
and further gains are favoured with the focus on the 1.2762 resistance.
Clearance of this level would likely encourage bulls further and trigger fresh
buying interest opening 1.2814, the May 21 high. A move above 1.2763 would also
confirm the bullish divergence between price and momentum. The former trendline
resistance now acts as support and intersects at 1.2633 today.

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