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Choppy price action continues toward the......>

CABLE
CABLE: Choppy price action continues toward the end of the European session,
GBPUSD spiked to $1.3260 followed by a quick retracement to the $1.3245 area.
Volumes have so far remained light with resistance seen at $1.3291/01 (Asia
high, 38.2% $1.3447-1.3211). Support at $1.3226/22 (Intraday low, 1.0% envelope
10-dma). Light on the calendar this week with main focus on Thursday's BOE rate
decision (No change widely expected). 

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