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Attempted Rebound, Bearish Tone.........>

CABLE TECHS
CABLE TECHS: Attempted Rebound, Bearish Tone Intact
Despite attempting a rebound off cycle lows of 1.2723, GBPUSD continues to
display negative signals on an intraday basis to keep the outright bearish
picture intact. The 2% volatility band currently at 1.2714 needs to be breached,
opening the way for an assault on the psychological 1.2700 level. Below here can
look to test the Jun 21 2017 low at 1.2589. Bulls need a move above the
1.2835/40 area to stabilise and push higher.

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