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Bulls Still In Charge *RES 4: 1.3679....>

CABLE TECHS
CABLE TECHS: Bulls Still In Charge
*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: 1.3344 @ 10:30 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 slightly weaker this morning but remains remains bullish following
Friday's sharp gains. 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. Initial support is at 1.3229 however a break
below 1.3052, Dec 12 low is required to threaten the trend.

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