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Brexit Uncertainty Weighs Renewed.......>

CABLE TECHS
CABLE TECHS: Brexit Uncertainty Weighs
Renewed Brexit uncertainty with added weight from GBPJPY further pressured
GBPUSD to 1.3126. A downside break of 1.31 gives control back to the bears with
focus on the 50-dma & trendline support at 1.3090/86. Below here opens the Feb
21 low at 1.3026, with stronger support behind on approach to the 1.30 level.
Bulls need to recover 1.32, before challenging the 100-wma at 1.3223. Above here
opens the 76.4% retracement level at 1.3294, ahead of a run at the March 13 ytd
high at 1.3381.

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