Pushing Higher *RES 4: 1.2849 High......>

CABLE TECHS: Pushing Higher

*RES 4: 1.2849 High Mar 12

*RES 3: 1.2726 Low Feb 28

*RES 2: 1.2648 High Apr 14 and the bull trigger

*RES 1: 1.2529 High Apr 16 and key intraday resistance

*PRICE: 1.2442 @ 16:25 BST Apr 28

*SUP 1: 1.2360 Low Apr 27

*SUP 2: 1.2298 Low Apr 24

*SUP 3: 1.2248 Low Apr 21 and the bear trigger

*SUP 4: 1.2182 2.0% 10-dma envelope

GBPUSD continues to push higher and maintains a firmer tone for now following

the recovery off 1.2248, Apr 21 low. Current gains are likely a correction

however as long as resistance at 1.2529, Apr 16 high remains intact. A breach

would instead signal scope for a stronger climb and expose 1.2648, the Apr 14

high and the key resistance. Key near-term support has been defined at 1.2248,

Apr 21 low. This level is also the bear trigger.