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Extended react to the soft Services PMI.......>

CABLE: Extended react to the soft Services PMI release spilled over into NY,
Gbp/Usd touched pullback lows of $1.4026 before stalling ahead of support from
the Jan29 low ($1.4025). Expect further demand ahead of $1.4000 ($1.4007 - 38.2%
$1.3458-1.4346). The cross extended to Gbp0.8871, meeting resistance from the
76.4% fibo Gbp0.8928-0.8687. Minor pullback off the high eases to Gbp0.8854,
Gbp/Usd recovers to the $1.4045/50 area at typing. 

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