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Holding Either Side of 1.32 GBPUSD......>

CABLE TECHS
CABLE TECHS: Holding Either Side of 1.32
GBPUSD trades 20 pips either side of the 1.32 level with bulls looking to clear
trendline resistance off the March 13 high at 1.3227. Above here improves the
outlook, targeting a run at the March 20 high at 1.3276, ahead of the 1.33
level. Bears downside focus remains on the 50-dma & up trendline support off the
Jan 3 low at 1.3079/62, a break opens the Mar 21 low at 1.3004.

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