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Upside Potential Rising GBPUSD is.......>

CABLE TECHS
CABLE TECHS: Upside Potential Rising
GBPUSD is poised for further gains following Friday's hold of the 1.2800 level
with the 21-dma currently at 1.2882 the next hurdle to overcome. Beyond this, a
close above the Aug 22 high of 1.2936 would target the 1.2958 level seen at the
July 19 low. A close above here would suggest a base is forming. Failure to hold
1.2800 would see downside momentum build with bears targeting the 1.2750 level
and Aug 15 low at 1.2662.

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