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CABLE: Extends its post UK GDP/IP-Mfg data release lows to $1.2845, after
breaking below last Thursday's initial BOE MPC react low of $1.2854, as growth
concerns remain the key market drivers. Like EUR/USD, which is seeing the same
USD led pressure, recovery efforts remain very shallow and currently seen
keeping focus on the downside. A break of $1.2845 to expose next tech support
between $1.2830/25. If $1.2845 holds we could see a slow nudge back toward