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Brexit Extension Priced In..............>

CABLE TECHS
CABLE TECHS: Brexit Extension Priced In
Confirmation of the Brexit extension saw limited react overnight. GBPUSD rallied
above 1.31 in early Europe, before traders faded the move. Topside focus remains
on a break the Apr 5 high at 1.3123, ahead of down trendline resistance off the
Mar 13 high at 1.3160. Bears need to clear the 200-dma at 1.2972 to shift the
outlook, opening the Mar 1 low & 100-dma at 1.2949/40.

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