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CABLE TECHS: Renewed GBP Optimism
Renewed Brexit optimism boosted GBP bulls to 1.3096, before fading. Confirmation
above the 100-dma turns the outlook more neutral with bulls targeting the 1.31
level. A break opens the Oct 16 low at 1.3141, ahead of the Oct highs at 1.3258.
A close below 1.30 would swing momentum back to the bears, returning focus to
the 1.28 level & ytd lows at 1.2662.