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Recovery Phase GBPUSD's pullback........>

CABLE TECHS
CABLE TECHS: Recovery Phase
GBPUSD's pullback based ahead of the 200-dma with the recovery extending through
1.31. GBP sits top of the G10 pile this week with gains of +2%. A topside break
of the Nov 7 high at 1.3175, brings the mid-Oct highs at 1.325 into play. Bears
need a close below 1.30 which marks uptrend support from the Jan 3 lows, putting
focus back on the 1.28 level.

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