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Range Contracting GBPUSD is trading.....>

CABLE TECHS
CABLE TECHS: Range Contracting
GBPUSD is trading in a tight contracting range with support coming in at 1.3100
and resistance at 1.3500. A break of support would trigger a run at the July 19
lows of 1.2957, while a break above resistance would target 1.3215 and a
potential bullish breakout. Beyond this, the 55-DMA, currently at 1.3244, would
be the next hurdle for the bulls to overcome. 

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