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Press Pause GBPUSD has now been stuck...>

CABLE TECHS
CABLE TECHS: Press Pause
GBPUSD has now been stuck in a 165 pip range between 1.2762-1.2927 for seven
sessions as the market presses pause as it awaits further clarity on Brexit. The
focus remains the Nov 15 low and up trendline support from the Aug lows at
1.2724/96, and a break below here would open the August YTD lows at 1.2662. To
return to a more bullish outlook we need to see GBPUSD hold sustainably above
1.2911 (the 38.2% retracement from 1.2696-1.3258). Above here 1.2977 and the
100/50 dmas at 1.2995/01 come into play.

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