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Early leveraged/hedge fund demand was.........>

CABLE
CABLE: Early leveraged/hedge fund demand was countered with a reversal to
$1.3159, before basing. Up trendline support off the Feb 15 low comes in today
at $1.3146, a break opens the Mar 6 low & 50% retracement level of
$1.2773-1.3288 at $1.3124/09. Resistance at $1.3183/85 from the 100-hma &
intraday high. GBPUSD recovers to $1.3166 at typing. 

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