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Extended weakness in GBP across the board.....>

CABLE
CABLE: Extended weakness in GBP across the board presses GBP/USD well toward the
$1.27 handle, with support touted ahead of the handle. The Jan11 and Jan8 lows
lie ahead at $1.2710/07 but rate is expected to remain acutely volatile ahead
of, and after, the meaningful vote, due at 2030GMT. Overnight implied vols
remain highly elevated, currently sitting at the highest levels since the
general election in 2017.

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