Cable eases on Monday after strong two-day rally on Thu/Fri, driven by positive Brexit news hit high at 1.3132. Near-term structure is bullish, along with daily Ichimoku studies, favoring further upside after correction. Daily Tenkan-sen offers immediate support at 1.3069, followed by Kijun-sen at 1.3041, which should ideally contain dips and keep pivotal support at 1.3012 (daily cloud top) intact. Only break and close below daily cloud top would sideline bulls and risk further weakness.
Res: 1.3106, 1.3132, 1.3154, 1.3217
Sup: 1.3069, 1.3041, 1.3012, 1.2980