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Cable last deals at $1.2818 after falling.....>

CABLE
CABLE: Cable last deals at $1.2818 after falling ~60 pips on Friday, which saw
the UK/Europe preparing for the weekend summit re: Brexit. Sterling suffered
after BBG reported that EU sherpas have been unable to reach a deal over
Gibraltar. However, disputes have been resolved and on Sunday EU leaders & UK PM
May signed off the divorce agreement. 
- However, striking the deal failed to provide much support to GBP as
participants realise that the document still needs to pass the parliament, where
it faces fierce opposition.
- Bears look to a move through Friday's low at $1.2799 before targeting the Nov
22 low at $1.2771. Meanwhile, bulls focus on Friday's peak at $1.2882 and a
break above would open up the Nov 22 high at 1.2927. 
- UK focus this week turns to housing mkt data due Friday. Elsewhere, BoE Gov
Carney will speak with former Fed Chair Greenspan later today, while BoE will
release its Financial Stability Report on Wednesday.

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