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Extends corrective pull back to $1.3101.......>

CABLE
MNI (London)
CABLE: Extends corrective pull back to $1.3101 (Asia low $1.3105), as rate
extends away from its early Europe high of $1.3153. Trader have suggested some
support seen into $1.3100, a break here to expose Wednesday low of $1.3087.
Eur/Gbp meanwhile has bounced off its low of Gbp0.8826, currently around
Gbp0.8854 and looking set for another challenge on Wednesday's high of
Gbp0.8863. Gbp/Jpy again seen as a main driver as this pair drops back from
earlier high of Y149.70 to Y148.63, not far off Wednesday's low of Y148.55.  
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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