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Bulls Fail To Sustain Gains Cable.......>

CABLE TECHS
CABLE TECHS: Bulls Fail To Sustain Gains
Cable reversed earlier gains yesterday after spiking through 1.2800 on the
Article 50 headlines, with the pair falling back below broken uptrend support.
The YTD low at 1.2662 is now squarely in focus. Bulls need a convincing hold
above 1.2911 (the 38.2% retracement from 1.2696-1.3258) to change the outlook.
Above here, opens the 50-dma at 1.2950 and the 100-dma/50% retracement at
1.2968.

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