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Below Its 100-DMA Risk averse markets...>

CABLE TECHS
CABLE TECHS: Below Its 100-DMA
Risk averse markets has seen GBPUSD move back under its 100-dma to challenge
support around the 1.3100 area. A break below yesterday's low of 1.3095 and the
50-dma at 1.2987 would return focus to the downside targeting the Sep 5 low at
1.2786. Bulls need a close above the 100-dma to keep the recent broader uptrend
intact, targeting the 1.3200 level ahead of 1.3317 which represents the 38.2%
retracement of the 2018 range.

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