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CABLE TECHS: Sitting On Uptrend Support
Heightened uncertainty over Tuesday's Brexit vote has seen cable extend last
week's selloff with the pair now sitting right on uptrend support from the Jan 3
low after breaking below its 200-dma and the 61.8% retracement at 1.2984/70. A
close below here would shift the broader outlook negative and open the Feb 14
low at 1.2773. Bulls need to close back above the 200-dma and the 1.30 level to
put the focus back on the upside.