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Tight Trading Range On Wednesday,.......>

CABLE TECHS
CABLE TECHS: Tight Trading Range
On Wednesday, GBPUSD saw the tightest trading range for any day since May 28,
the Spring bank holiday in the UK, trading in a 47 pip range. GBPUSD continues
to wait for more clarity on the Brexit situation. To break lower, the Nov15 low
and trendline support from the Aug lows at stand at 1.2724/06 ahead of the
August YTD lows at 1.2662. To reignite upside momentum, bulls need to break
above Monday's high at 1.2883 and then the 100-dma at 1.3008. Above here would
open the Nov 7 high at 1.3175.

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