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Range Trading GBPUSD largely............>

CABLE TECHS
CABLE TECHS: Range Trading
GBPUSD largely consolidates either side of the 1.32 level with Brexit headlines
dictating price action. This keeps the recovery intact with bulls focus on a
close above down trendline resistance off the March 13 high at 1.3240. Above
here improves the outlook, targeting a run at the March 20 high at 1.3276, ahead
of the 1.33 level. Bears downside focus remains on the 50-dma & up trendline
support off the Jan 3 low at 1.3072/62, a break opens the Mar 21 low at 1.3004.

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