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Triangle Top GBPUSD consolidates........>

CABLE TECHS
CABLE TECHS: Triangle Top
GBPUSD consolidates either side of the 1.31 level, shifting the focus to cloud &
triangle top resistance at 1.3116/20. A close above the Apr 12 high at 1.3133
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 1.2970 to change the outlook,
opening the Mar 1 low & 100-dma at 1.2949/45.

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