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GBP Holds Heavy An improving picture....>

CABLE TECHS
CABLE TECHS: GBP Holds Heavy
An improving picture in EURGBP has kept downside pressure on GBPUSD in attempts
to rebound off cycle lows of 1.2723. The 1.2700 level is the next downside
target and below here bears will look to test the Jun 21 2017 low at 1.2589.
Bulls need a move above the 1.2835/40 area to stabilise the near-term outlook
and attempt to reverse the acute downtrend.

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