Bull trigger at 1.2582: *RES 4:.........>

CABLE TECHS: Bull trigger at 1.2582:

*RES 4: 1.2838 61.8% retracement of the Mar 13 - Sep 3 decline

*RES 3: 1.2736 200-dma

*RES 2: 1.2670 50% retracement of the Mar 13 - Sep 3 decline

*RES 1: 1.2582 High Sep 20 / High Jul 15

*PRICE: 1.2465 @ 04:25 GMT Sep 25

*SUP 1: 1.2393 Low Sep 17 and key intraday support

*SUP 2: 1.2327 Low Sep 13

*SUP 3:1.2284/76 Low Sep 12 / 50-dma

*SUP 4:1.2234/10 Low Sep 9 and Sep 5

GBPUSD found support yesterday. The pair maintains a bullish outlook with key

intraday support at 1.2393, low Sep 17. A breach of this level is required to

threaten a deeper pullback and the potential start of a correction. For now,

momentum and short-term moving average studies remain firm highlighting a

bullish theme. The focus is on Friday's 1.2582 high, a break would open 1.2670,

the 50% retracement of the decline between Mar 13 - Sep 3.