Cable remained above $1.300 for the...........>

CABLE: Cable remained above $1.300 for the majority of Thursday's session,

unwilling to relinquish the gains that were made on the back of EU Brexit

negotiator Barnier's comments on Thursday, despite the subsequent rhetoric

deployed by the German foreign ministry i.e. no cherry picking, and many

suggesting that Barnier's comments offered no fresh insight into the

negotiations. Last ~$1.3020.

- GBP/USD continues to display bullish intraday signals. The 50-DMA acts as

near-term resistance, a break here would confirm a solid base is forming,

opening up the August highs ($1.3143). Failure to hold $1.2900 would see

downside momentum build with bears targeting $1.2750, followed by the Aug 15 low

($1.2662).

- Focus remains on Brexit negotiations, with the Services PMI release providing

the economic highlight over the next week or so.