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Multi-month Lows Renewed Brexit.........>

CABLE TECHS
CABLE TECHS: Multi-month Lows
Renewed Brexit uncertainties pressured GBPUSD back under $1.27 to fresh
multi-month lows of 1.2662. The underlying tone remains heavy with the 76.4%
retracement of the Jan-Mar rise providing near-term support around earlier lows.
Below here opens the 2% lower Bollinger band & Jan 4 low at 1.2644/16. Bulls
need a close above 1.2800 to stabilise the outlook, before challenging neckline
support-turned-resistance at 1.2900.

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