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Uptrend extends: *RES 4: 1.2670 50%.....>

CABLE TECHS: Uptrend extends:
*RES 4: 1.2670 50% retracement of the Mar 13 - Sep 3 decline
*RES 3: 1.2582 High Jul 15
*RES 2: 1.2558 High Jul 18
*RES 1: 1.2560 High Sep 19
*PRICE: 1.2548 @ 04:19 GMT Sep 20
*SUP 1: 1.2393 Low Sep 17
*SUP 2: 1.2327 Low Sep 13
*SUP 3:1.2284/78 Low Sep 12 / 50-dma
*SUP 4:1.2234/10 Low Sep 9 and Sep 5
GBPUSD maintains a bullish outlook extending the trend yesterday to a new high.
Momentum and short-term moving average studies remain firm. Resistance at the
100-dma has finally given way too. A break above 1.2560, yesterday's high would
open 1.2582 next, Jul 5 high. Further out, potential is for a climb towards
1.2670, 50% of the decline between Mar 13 - Sep 3. On the downside, support lies
at Tuesday's 1.2393 low ahead of 1.2327.

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