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Better than forecast UK Retail Sales and......>

CABLE
MNI (London)
CABLE: Better than forecast UK Retail Sales and weak US IP data allowed cable to
extend its recovery from Thursday's lows of $1.2773 to $1.2881 into the European
close, with rate holding firm so far during the NY afternoon. Resistance is seen
at $1.2887(61.8% $1.2958-1.2773) ahead of $1.2900, support now seen into
$1.2850. Weekend press will be watched to see their take on the week's Brexit
developments. US Presidents' Holiday Monday. 
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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