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Flirting With 1.31 GBPUSD comfortably...>

CABLE TECHS
CABLE TECHS: Flirting With 1.31
GBPUSD comfortably remains clear of the 200-dma but has so far failed to build
on gains above 1.31. Near-term focus turns toward the Asia high at 1.3157, a
break brings the 100-wma & down trendline resistance at 1.3178/83 into view.
Bears look to push below the 200-dma to shift the outlook and challenge the 1.30
area which marks the Jan 17 high and up trendline support. Below here puts focus
back on the 1.28 level.

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