Cable eyes key support level as dollar momentum continues to run ...Middle East

The pair saw a bit of a bounce back the day after the US election result but that was arrested closer to the 1.3000 level alongside the 100-day moving average (red line) last week. Since then, sellers are back in control with price keeping lower again today and poised for a third straight day of declines.The fall now sees GBP/USD down to its lowest levels since August and is eyeing a test of key support. The 200-day moving average (blue line) is up next at around 1.2817. Cable has not traded below both its key daily moving averages since May. A break lower here will solidify a more bearish bias in the pair with the dollar looking to extend its post-election run.If the 200-day moving average

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