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Positive Short-Term Outlook GBPUSD......>

CABLE TECHS
CABLE TECHS: Positive Short-Term Outlook
GBPUSD has recovered back through 1.2850 following positive Brexit news, which
has allowed bulls to take out Monday's high to shift the near-term focus to the
upside. the next upside target comes in at the upper bound of the downtrend
channel at 1.2944, above which opens up trendline resistance & 100-dma at
1.3047. the bigger picture remains bearish though with bears targeting a break
of the 2018 low at 1.2662. Below here lies the measured move target from the
double top formation down at 1.2500. 

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