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Looking to Build GBPUSD consolidates....>

CABLE TECHS
CABLE TECHS: Looking to Build
GBPUSD consolidates the break of 1.27 as bulls take comfort from the series of
higher lows. This brings the May 27 high & 21-dma back into view at 1.2753/61,
above here opens the May 21 high at 1.2813, with a break suggesting a bullish
reversal. Bears need to clear short-term trendline support at 1.2690, before
returning the focus to the 1.26 level, ahead of the ytd low at 1.2559.

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