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Close Below 1.32 Put Bears in Control...>

CABLE TECHS
CABLE TECHS: Close Below 1.32 Put Bears in Control
After briefly spiking above 1.33 on the back of positive jobs numbers yesterday,
GBPUSD has been moving lower today. Bears need a close below 1.32 to put the
100-hma & 50% retracement level back into view at 1.3178/65. Bulls continue to
look for a close above 1.33 which remains tough to overcome. Above here opens
Wednesday's high & a 50% retracement level at 1.3381/1.3409.

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