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Corrective pullback extends to $1.3380, as....>

CABLE
MNI (London)
CABLE: Corrective pullback extends to $1.3380, as rate succumbs to another round
of Usd strength as traders adjust positions ahead of US Trump Tax Reform
announcement. Cable had seen a recovery high of $1.3428, after it gained a boost
from release of stronger than forecast CBI data. Eur/Gbp has pared some of its
losses, edging away from its low of Gbp0.8747 to currently trade around
Gbp0.8760. Cable support remains at the earlier low of $1.3364 ahead of reported
model demand interest placed between $1.3340/30.  
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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