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Brexit Headlines Dictate Price Action...>

CABLE TECHS
CABLE TECHS: Brexit Headlines Dictate Price Action
GBPUSD based ahead of 1.2960 with the recovery extending briefly above 1.31.
Brexit headlines continue to dictate price action with bulls looking to clear
the March 8 high & trendline resistance at 1.3109/19 to extend the uptrend.
Above here opens the 50% retracement level at 1.3150. Bears need a close below
the 50-dma at 1.2974 to shift the broader outlook negative and open the 50%
retracement level & 100-dma at 1.2896/81.

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