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GBPUSD pares QIR react lows ($1.2854) to......>

CABLE
CABLE: GBPUSD pares QIR react lows ($1.2854) to trade back above $1.29. The
100-dma at $1.2891 will be key at the close tonight, below here would give bears
the upper hand, targeting a deeper correction towards the Jan 21 low at $1.2831,
ahead of the 50% retracement level of $1.2441-1.3217 & cloud top support at
$1.2829/27. Last $1.2908.  

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