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Drops through Tuesday's low of $1.3109 and....>

CABLE
MNI (London)
CABLE: Drops through Tuesday's low of $1.3109 and now through $1.3100 to extend
the corrective pullback, from earlier Asian high of $1.3176 to $1.3092. Next
support of note seen between $1.3070/60. Move seen as Eur/Gbp broke through
resistance between Gbp0.8845/50, touched Gbp0.8852, just shy of its swing target
at Gbp0.8854. Cross currently trades around Gbp0.8842, cable aro8und $1.3104. 
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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