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CABLE TECHS: Targeting Feb Highs
Having closed above the 200-dma on Friday, renewed optimism surrounding Brexit
has seen GBPUSD look to challenge the Feb 20 high & 76.4% retracement level at
1.3109/12. A break brings the 50-wma & Jan 31 high back into view at 1.3152/60,
ahead of a run at the ytd high at 1.3217. Bears need a close below the 200-dma
at 1.2992 to put the focus back on the Feb 18 low & 100-dma at 1.2892/77.