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Still Climbing *RES 4: 1.2755 High......>

CABLE TECHS
CABLE TECHS: Still Climbing
*RES 4: 1.2755 High Jun 11
*RES 3: 1.2701 2.0% 10-dma envelope
*RES 2: 1.2696 200-dma
*RES 1: 1.2688 High Jun 16
*PRICE: 1.2640 @ 10:24 BST Jul 9
*SUP 1: 1.2509 Yesterday's low
*SUP 2: 1.2438 Low Jul 3 and key near-term support
*SUP 3: 1.2360 Low Jul 1
*SUP 4: 1.2252 Low Jun 29 and the bear trigger
GBPUSD kept the needle pointed higher Wednesday and extended the move in today's
Asia session. The pair cleared the 1.2543 resistance, Jun 24 high earlier in the
week and 1.2599, a Fibonacci retracement, gave way Wednesday, shifting upside
targets to 1.2688. A break here would open the 200-dma at 1.2696 and recovery
highs at 1.2813, Jun 10 high. Initial firm support is located at 1.2438, Jul 3
low. Key support lies at 1.2252, Jun 29 low.

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