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Early Eur/Gbp demand does little to offset....>

CABLE
MNI (London)
CABLE: Early Eur/Gbp demand does little to offset cable bounce as rate edges off
an early Europe low of $1.3407 to currently trade around $1.3422, while Eur/Gbp
holds firmer level. Cable resistance seen at the opening Asia high of $1.3442,
ahead of Thursday high of $1.3456. End month flow seen dictating moves though we
have BOE Carney interviewed on BBC R4 at 0710GMT (likely to be asked about
recent BOE Haldane comments), UK Q2 GDP at 0830GMT along with UK lending data. 
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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