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Focus Returns To The Lows Sterling is...>

CABLE TECHS
CABLE TECHS: Focus Returns To The Lows
Sterling is on the defensive amid heightened Brexit uncertainty with the focus
now returning to Friday's low at 1.2648. Below here would see bears target a
return to the 1.26 level & Jan 3 hourly support at 1.2555. Bulls need to recover
1.2750 before challenging the 1.28 level. Above here opens a run at neckline
support-turned-resistance at 1.2910, with a break suggesting a bullish reversal.

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