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Stuck In The Range Failure to breach....>

CABLE TECHS
CABLE TECHS: Stuck In The Range
Failure to breach the 1.30 level on Friday has seen GBPUSD move back into the
range waiting for the next Brexit headline. Bears now look for a close under
1.28 to shift the focus back to 1.26, below which would target the Jan 2 low at
1.2441. Bulls need to recover 1.30 to extend the uptrend, with topside focus on
descending trendline resistance & the 200-dma at 1.3080/81.

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