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CABLE TECHS: Back Under 1.31
Negative Brexit headlines and a weaker euro pressures cable cleanly below the
1.31 level yesterday. Bulls are looking to close the week back above this level
and Tuesday's low to stabilise the outlook and shift the focus back to the 1.32
level and Monday's high at 1.3273. However, the bears remain in charge for now
with a weekly close under 1.31 suggesting a run at the 50% retracement & Feb 21
low at 1.3031/26.