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Bullish Structure Still In Place *RES...>

CABLE TECHS
CABLE TECHS: Bullish Structure Still In Place
*RES 4: 1.3679 2.382 projection of Sep 3 - Sep 20 rally from Oct 8 low
*RES 3: 1.3618 High Jun 10, 2018
*RES 2: 1.3588 2.236 projection of Sep 3 - Sep 20 rally from Oct 8 low
*RES 1: 1.3514 High Dec 13
*PRICE: 1.3330 @ 17:12 GMT Dec 16
*SUP 1: 1.3229 High Dec 12
*SUP 2: 1.3159 Low Dec 13
*SUP 3: 1.3051 Low Dec 12 and key support
*SUP 4: 1.3013 High Oct 21 and former breakout point
GBPUSD is trading below Friday's high however a bullish outlook remains intact
following the strong rally that occurred Friday. This confirmed a resumption of
the uptrend that has been in place since Sep 3 and maintains the bullish price
sequence of higher highs and higher lows. Price cleared 1.3381 Friday, Mar 13
high paving the way for 1.3618 next, Jun 10 high, 2018. Support is at 1.3229
however a break of 1.3052, Dec 12 low is required to threaten the trend.

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