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Building Momentum GBPUSD is starting....>

CABLE TECHS
CABLE TECHS: Building Momentum
GBPUSD is starting to build renewed momentum and touched multi-month highs of
1.3004, before fading. A close above 1.30 changes the short-term outlook with
bulls targeting a break of the 200-dma & descending trendline resistance at
1.3068/75. On the downside, bears continue to look for a close under 1.28,
shifting focus back to the 1.26 area.

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