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Focus Remains On The Upside Brexit......>

CABLE TECHS
CABLE TECHS: Focus Remains On The Upside
Brexit headlines continue to dictate price action, with cable briefly dropping
below 1.27 in NY trading. However, the 1.28 level has now been recovered to keep
the focus on the upside. Bulls target a break of 1.2930, above here would give
further weight to the double bottom formation, opening the 200-dma at 1.3108.
Bears look to close below 1.28 to shift the outlook neutral, with a break of
1.26 needed to return focus to the Jan 2 low at 1.2441. 

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