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CABLE TECHS: Brexit Headlines
Brexit headlines continue to dominate price action which saw GBPUSD pare
European morning losses to reclaim the 1.29 handle. Bulls need to recover the
100-dma at 1.3030 to change the short-term outlook, opening the Nov 7 high at
1.3175, ahead of the Sep highs at 1.3298. Bears target a break of the 1.28
level, putting focus back on the Oct 31 low at 1.2699 & ytd low at 1.2662.