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Bulls Keep The Pressure On GBPUSD.......>

CABLE TECHS
CABLE TECHS: Bulls Keep The Pressure On
GBPUSD dipped as low as 1.3185 yesterday before recovering into the close to
return the focus to the upside. Bulls now look to close above 1.33 which proved
tough to overcome yesterday, with a break opening Wednesday's high & 50%
retracement level at 1.3381/1.3409. Above here would lend further weight to a
large bottoming formation. Bears need a close below 1.32 to put the 100-hma &
50% retracement level back into view at 1.3178/65. 

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