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Cable breached the $1.2750/55 resistance......>

CABLE
CABLE: Cable breached the $1.2750/55 resistance area, further extending gains
through the short-term down trendline to $1.2777. Expect supply on approach to
the $1.2800 level ($1.2793 -  61.8% $1.2853-1.2696), a break opens $1.2813/16
(Oct30 high/76.4% $1.2853-1.2696). EURGBP comfortably holds below Gbp0.8900 to
flirt with the 100-dma (Gbp0.8886). Bears target a move toward up trendline
support at Gbp0.8864, ahead of the 200-dma at Gbp0.8838. 

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