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Choppy trade As Brexit headlines........>

CABLE TECHS
CABLE TECHS: Choppy trade
As Brexit headlines continue to dominate price action, GBPUSD witnessed a sharp
100+ pip retracement off highs of 1.3087 to 1.2965. Bulls look for a close above
1.30 and the 50-dma to regain control, targeting a move toward the 100-dma at
1.3204, ahead of the July 9 high at 1.3363. Bears need to see a close back below
1.30 to suggest the recent gains have marked a false break and shift the focus
back to the 1.28 area.

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