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Neckline Gives Way Cable closed below...>

CABLE TECHS
CABLE TECHS: Neckline Gives Way
Cable closed below neckline support yesterday which poses a threat to the
broader uptrend as bears now target a move down to the Feb 20 high at 1.3109,
ahead of uptrend support which comes in at 1.2970. Strong Services PMI data
underpinned sterling through Europe, but bulls will need to recover yesterday's
high at 1.3273 to return the focus to the upside and open the Feb 27 high & Jul
9 2018 high at 1.3350/63.

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