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Extends slippage to $1.3068 as EUR/GBP........>

CABLE
MNI (London)
CABLE: Extends slippage to $1.3068 as EUR/GBP jumps to Gbp0.8898. Sterling
demand seen attracted into the dip with cable edging back to $1.3075, the cross
easing to Gbp0.8896. Asia had seen some risk off flow, linked to softer China
equities, which seems to have spilt over into Europe. Minor resistance in the
cross seen around Gbp0.8900. For cable, next support now seen at $1.3055/50. 
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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