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*** Another wave of Usd sales allows cable....>

CABLE
MNI (London)
CABLE: *** Another wave of Usd sales allows cable to extend its recovery off
early Europe low of $1.3311 to $1.3334, currently trading around $1.3330.
Resistance noted at the earlier Asian high of $1.3340 ahead of Friday's high of
$1.3360 with a technical target close above at $1.3373(1.618% swing
$1.3337-1.3278). 
* Nothing too negative from the weekend press. Talk Ireland could throw a
spanner into the Brexit works concerning the border with N.Ireland, though
Ireland have their own political problems at the moment to contend with. 
* Citi end month model suggests Usd sales to be seen vs Gbp and Jpy at Nov30
fixing.
- RBC model also predicts Usd sales.  
* UK data calender light. BOE Haldane speaks at 1430GMT but not expected to
touch MonPol. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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