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CABLE TECHS: Challenging 100-dma
Despite briefly dipping back under 1.3100, renewed appetite has seen GBPUSD
build on recent momentum to challenge the 100-dma at 1.3148. Bulls need a close
above the 100-dma and 1.3200 before targeting 1.3317 which represents the 38.2%
retracement level of the 2018 range. A break below yesterday's low of 1.3056
would return focus to the downside, targeting the Sep 5 low at 1.2982.