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Consolidating Gains Positive Brexit.....>

CABLE TECHS
CABLE TECHS: Consolidating Gains
Positive Brexit headlines underpinned which saw GBPUSD comfortably close above
the 1.30 level and its 200-dma yesterday. Consolidation remains the theme with
topside focus on a break of the Feb 1 high at 1.3115. Above here brings the Jan
25 high at 1.3217 into view with a break needed for confirmation of a large
bottoming pattern. Bears need a close back under the 200-dma at 1.2999 to bring
the Feb 18 low & 100-dma at 1.2892/77 back into view.

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