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Rally Falters After a particularly......>

CABLE TECHS
CABLE TECHS: Rally Falters
After a particularly strong week, the GBP/USD recovery topped out at 1.3247, but
spot holds above the Wednesday close, keeping bulls in control. A break back
above $1.3250 would open the Sept high of 1.3298, which becomes the upside
target. Bears need a break of cloud base support at 1.2910 to change the
short-term outlook, turning focus toward the Sep 5 low at 1.2786 and ytd low at
1.2662.

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