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Building Momentum GBPUSD touched post...>

CABLE TECHS
CABLE TECHS: Building Momentum
GBPUSD touched post ADP highs of 1.2744, before fading. Consolidation remains
the theme as bulls take comfort from the series of higher lows. This brings the
May 27 high & 21-dma back into view at 1.2753/61, above here opens the May 21
high at 1.2813, with a break suggesting a bullish reversal. Bears need to clear
short-term trendline support at 1.2690, before returning the focus to the 1.26
level, ahead of the ytd low at 1.2559.

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