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CABLE TECHS: Soft Svcs PMI Knocks Sentiment
GBPUSD topped out at $1.3196, before drifting on the soft UK PMI Svcs release.
Bulls target a topside break of 1.32, before challenging down trendline
resistance off the Mar 13 high at 1.3220. Above here opens the Mar 27/Mar 26
highs at 1.3269/76. Bears need a close back below 1.30 & the 200-dma at 1.2975
to extend the downtrend, opening a deeper correction toward the Mar 1 low &
100-dma at 1.2949/24.