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Comfortably Above 1.30 Indications......>

CABLE TECHS
CABLE TECHS: Comfortably Above 1.30
Indications that a no deal Brexit is becoming less likely boosted GBPUSD through
1.3050. A positive close today changes the short-term outlook with bulls
targeting a break of the 200-dma & descending trendline resistance at 1.3068/75.
Above here opens the 76.4% retracement level at 1.3096, ahead of a run at the
Nov 7 high at 1.3175. On the downside, bears need a close below the 100-dma,
before focusing on the 1.28 level.

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