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Breaks $1.29 and accelerates the downtrend....>

CABLE
CABLE: Breaks $1.29 and accelerates the downtrend to $1.2897, before dip buyers
cushioned off the low. Despite this recovery efforts hold shallow and keeps the
downside in check, key support seen from the 100-dma at $1.2891, below here
opens the Jan 11 high at $1.2866, ahead of the 50% fibo of $1.2441-1.3217/Jan 16
low/Dec 31 high at $1.2829/25/15. GBPUSD last $1.2910. 

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