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Off Its High GBPUSD failed to...........>

CABLE TECHS
CABLE TECHS: Off Its High
GBPUSD failed to consolidate European morning gains, retracing to the 1.2850
area. Brexit headlines continue to dictate price action with bulls targeting a
break of 1.2930, above here would give further weight to the double bottom
formation, opening the 200-dma at 1.3101. Bears look for close below 1.28 to
shift the outlook neutral, with a break of 1.26 needed to return focus to the
Jan 2 low at 1.2441.

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