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Bears Near May 23 Low Sterling came.....>

CABLE TECHS: Bears Near May 23 Low
Sterling came within touching distance of the May 23 low at 1.2606 and remains
the downside target for bears, ahead of the 1.2600 level. Below here opens a
move toward Jan 3 hourly support at 1.2555. Bulls need to recover the May 28
high at 1.2702, before challenging the 1.2745/55 area marking the Friday/Monday
highs. Above here would open the May 21 high at 1.2813.

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