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GBPUSD retained a buoyant tone into Europe,...>

CABLE
CABLE: GBPUSD retained a buoyant tone into Europe, touching highs of $1.3123 on
extended react to reported comments from EU Tusk suggesting a flexible one-year
extension for Brexit. The rate has since retraced gains back under $1.31 as
traders report of continued light volumes. Headlines expected to dictate price
action today with main focus on US NFP's at 1230GMT. The Asia low provides
downside support at $1.3068, a break opens the Apr 1 low & 61.8% fibo of
$1.2773-1.3381 at $1.3010/05. On the topside resistance at $1.3122/23 from the
intraday high & 200-hma, a break opens the 21-dma & 38.2% retracement level at
$1.3161/81. Last $1.3092. 

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