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Upside Focus Positive Brexit news.......>

CABLE TECHS
CABLE TECHS: Upside Focus
Positive Brexit news yesterday saw GBPUSD recover 1.28 and spike above 1.29,
shifting the short-term outlook more constructive. A break of downtrend
resistance at 1.3000 and the 50-dma at 1.3013 would shift the outlook firmly
bullish and suggest a basing pattern has formed. Bears continue to focus on the
1.2800 level, a close below here would trigger renewed pressure, bringing the
ytd low at 1.2662 back into view.

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