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Upside Momentum Building GBPUSD.........>

CABLE TECHS
CABLE TECHS: Upside Momentum Building
GBPUSD reached as high as 1.2724 on the back of Fed Powell's dovish comments,
with bulls now eyeing the May 27 high & 21-dma at 1.2753/61. Above here would
suggest a run at the May 21 high at 1.2813. On the downside, bears need a break
back under 1.26 to bring Friday's low back into view at 1.2559, ahead of the ytd
lows.

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