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Brexit Uncertainty Brexit uncertainty...>

CABLE TECHS
CABLE TECHS: Brexit Uncertainty
Brexit uncertainty continues to weigh on sterling which has seen GBPUSD ease
toward 1.3010. Bears target a close below 1.30 & the 200-dma at 1.2975 to extend
the downtrend, opening a deeper correction toward the Mar 1 low & 100-dma at
1.2949/22. Bulls need a close above the 50-dma (1.3097) to regain control,
before challenging the 1.32 level & 100-wma at 1.3222. A break above here would
return the focus to the upside and suggest the large bottoming pattern remains
alive.

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