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CABLE TECHS: Touching its Lowest Level for Two Months
GBPUSD fell through the 200/100-dmas at 1.2964/59 to touch the lowest level in 2
months. A close below 1.2959 would bring a more bearish tone and put focus back
on the cloud base a 1.2911. Below here would extend the selloff towards the
mid-Feb lows. Bulls need to first break back above the down trendline resistance
on the intraday chart with medium-term resistance before recovering the
1.3050/55 area before challenging triangle top resistance, which comes in around