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Pares ECJ Ruling Gains Despite..........>

CABLE TECHS
CABLE TECHS: Pares ECJ Ruling Gains
Despite touching ECJ react highs of 1.2760, GBPUSD failed to consolidate gains
with the retracement extending to 1.2705/10. Bears continue to focus on a
downside break of 1.27 which would open the Dec 4 ytd low at 1.2659, ahead of
the 1.618% swing target at 1.2612 and June 2017 low at 1.2589. Bulls look for a
close above the 21-dma at 1.2805 to build on momentum, opening the 50 &
100-dma's at 1.2927/55.

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