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CABLE: An unusually quiet start for GBPUSD which has seen the pair trade 10 pips
either side of $1.28 in early Europe. A reminder that PM May will be on LBC
radio at the top of the hour taking calls from the general public. Markets
continue on Brexit headline watch with main focus on confirmation of the 48
letters lodged with the 1922 committee & Gove/Mordaunt's futures. Near-term
resistance at $1.2841 which represents the 38.2% retracement of yesterday's