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Pushing Lower Again GBPUSD has pushed...>

CABLE TECHS
CABLE TECHS: Pushing Lower Again
GBPUSD has pushed lower again in European trading, keeping the focus on the
lower boundary of the two month descending channel, where the trendline support
intervenes at 1.2910. A break below here will accelerate the major downtrend
towards 1.2780, which represents the low from August 23, 2017. Daily momentum
indicators are on the point of giving fresh bearish signals. Failure to regain
the 1.3064 level leaves the bearish picture in place.

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