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Brexit Uncertainty Weighs Continued.....>

CABLE TECHS
CABLE TECHS: Brexit Uncertainty Weighs
Continued Brexit uncertainty pressured the pound through 1.3050. Recovery
efforts have so far remained shallow with downside support at the Feb 20 low of
1.3012 failing to hold. Below here opens a move through the 1.30 level, ahead of
the 200-dma & 61.8% retracement at 1.2986/70. Bulls need to close the week above
1.31 to stabilise the outlook and shift the focus back to the Mar 5 high at
1.3199.

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