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Drops back below $1.2900, the react to the....>

CABLE
MNI (London)
CABLE: Drops back below $1.2900, the react to the upside revision in US Q2 GDP
taking the rate through its earlier low of $1.2897 and on to $1.2890. Move seen
tracking Eur/Usd, as this latter rate makes a show under $1.1900($1.1895) while
Eur/Gbp holds around Gbp0.9230. Next cable support seen between $1.2875/65.
Cable trades around $1.2893 at posting. 
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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