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EU Tusk Remarks Boost Sentiment.........>

CABLE TECHS
CABLE TECHS: EU Tusk Remarks Boost Sentiment
Sterling retained a buoyant tone into Europe on extended react to EU Tusks's
flexible Brexit extension remarks. GBPUSD touched highs of 1.3123, but has since
pared light gains to settle mid-range. Bulls need to clear the 1.3190/00 level
which has proved hard to overcome in recent sessions. Above here opens triangle
top resistance at 1.3210, ahead of the 61.8% retracement of the March fall at
1.3227. Downside focus remains on triangle base support & the Mar 21 low at
1.3004. While a break of 1.30 opens the 200-dma at 1.2975, ahead of the Mar 1
low & 100-dma at 1.2949/29.

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