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.