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GBP continues to build on early European......>

CABLE
CABLE: GBP continues to build on early European momentum with a move to recovery
highs of $1.2752. However, traders show caution ahead of month-end with the
expected strong USD demand. The $1.2800 level provides near-term resistance
($1.2793 - 61.8% $1.2853-1.2696). EURGBP moved through the 38.2% retracement
level of the 2018 range, before basing ahead of Gbp0.8905. Expect support in the
cross from yesterday's low at Gbp0.8883. 

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