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Extends This Weeks Gains *RES 4:........>

CABLE TECHS
CABLE TECHS: Extends This Weeks Gains
*RES 4: 1.2813 High Jun 10 and the key bull trigger
*RES 3: 1.2755 High Jun 11
*RES 2: 1.2688 High Jun 16 and a key near-term resistance
*RES 1: 1.2567 High Jun 18
*PRICE: 1.2518 @ 05:53 BST Jun 24
*SUP 1: 1.2432 Low Jun 23
*SUP 2: 1.2336 Low Jun 22 and key intraday support
*SUP 3: 1.2322 Low Jun 1
*SUP 4: 1.2250 76.4% retracement of the May 18 - Jun 10 rally
GBPUSD found support earlier this week and has for now has established a
near-term base at 1.2336, Monday's low. To avoid a deeper pullback, the pair
will need to hold above 1.2336. Further gains would signal scope for a climb
towards the next key near-term resistance at 1.2688, Jun 16 high. On the
downside, sub 1.2336 levels would instead resume the recent bearish pressure and
open 1.2250 once again.

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