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*CORRECT FIBO* The early move back under......>

CABLE
CABLE: *CORRECT FIBO* The early move back under $1.33 extended to $1.3273,
before dip buyers
cushioned falls. Near-term support is seen at $1.3260 from the 23.6% retracement
of $1.2968-1.3350, below here opens the Feb 27 low & upper 1.0% 10-dma env at
1.3233/27. Last $1.3280.
- Large option-expiry for todays NY cut at $1.3325 Gbp1.1bn.
- Reminder today that month-end bank models have suggested USD sales at today's
fixings.

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