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Symmetrical Triangle GBPUSD.............>

CABLE TECHS
CABLE TECHS: Symmetrical Triangle
GBPUSD comfortably holds above 1.31 to rest on triangle top resistance. A close
above 1.3132 gives control back to the bulls, targeting the 50% retracement
level & Apr 3 high at 1.3180/96. A clean break would suggest a large bottoming
pattern is playing out. Bears need to clear the 200-dma at 1.2971 to shift the
outlook, opening the Mar 1 low & 100-dma at 1.2949/42.

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