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Back Above 1.29 GBPUSD has largely......>

CABLE TECHS
CABLE TECHS: Back Above 1.29
GBPUSD has largely consolidated above 1.29 for the balance of the session. Bulls
need to recover 1.30 to extend the uptrend that has formed off the Jan lows,
with topside focus on the 200-dma & descending trendline resistance at
1.3074/78. On the downside, bears continue to look for a close under 1.28 to
shift the focus back to 1.26, below which would target the Jan 2 low at 1.2441.

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