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Signs of Life Broad based greenback.....>

CABLE TECHS
CABLE TECHS: Signs of Life
Broad based greenback weakness provided some support to GBPUSD yesterday
allowing the pair to break cleanly above down trendline resistance to suggest a
bullish reversal. Bulls now target May 27 high at 1.2753 to extend gains towards
the 21-dma/May 21 high at 1.2777/2813. Bears need a break back under 1.26 to
bring Friday's low back into view at 1.2559. Below here would put the focus back
on the ytd lows.

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