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(U2) Recovers Off Lows, Remains Neutral


Watching Key Support


Risk-On Of Sorts Supports Oil

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CABLE TECHS: Bears Having It All Their Way
GBPUSD continues to show no sign of an upside reversal as bears target the 1.27
level to extend the downtrend. Below here opens a move toward the Jan 15 low &
2.0% lower Bollinger band at 1.2670/49. Bulls initially need to recover 1.2800
to stabilise the outlook and allow a run at neckline support-turned-resistance
at 1.2900. Above here would suggest a potential squeeze to the 200-dma at

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