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CABLE TECHS: Bulls Targeting 1.32
Sterling remains at elevated levels on extended react to the passing of the
"Cooper bill". Bulls look to take out the 1.32 level marking down trendline
resistance from the Mar 13 high. Above here opens the 100-wma & 61.8%
retracement at 1.3223/27, ahead of the Mar 27/Mar 26 highs at 1.3269/76. Bears
need a close back under 1.30 & the 200-dma at 1.2976, below here opens the Mar 1
low & 100-dma at 1.2949/29.