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Dips Still Likely To Find Support.......>

CABLE TECHS
CABLE TECHS: Dips Still Likely To Find Support
*RES 4: 1.3618 High Jun 10, 2018
*RES 3: 1.3588 2.236 projection of Sep 3 - Sep 20 rally from Oct 8 low
*RES 2: 1.3514 High Dec 13
*RES 1: 1.3422 High Dec 16
*PRICE: 1.3925 @ 05:39 GMT Dec 17
*SUP 1: 1.3229 High Dec 12
*SUP 2: 1.3159 Low Dec 13
*SUP 3: 1.3051 Low Dec 12 and key support
*SUP 4: 1.3013 High Oct 21 and former breakout point
GBPUSD is trading below Friday's high and did dip lower in the Asia session
however, a bullish outlook remains intact following Friday's rally. This
confirmed a resumption of the uptrend in place since Sep 3 and maintains the
positive price sequence of higher highs and higher lows. Price cleared 1.3381
Friday, Mar 13 high opening 1.3618 next, Jun 10 high, 2018. Support is at
1.3229, although a 1.3051 break, Dec 12 low is required to threaten the trend.

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