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GBP/USD fared well on Monday, but the.........>

CABLE
CABLE: GBP/USD fared well on Monday, but the technical picture remains poor for
cable, although the break above fib resistance ($1.2792) will give bulls added
confidence to test the August 14 spike high ($1.2827). Bears still look for a
move below the YtD low ($1.2662), to open up the Jun 21 2017 low at ($1.2589).
- Near term focus remains on Brexit Min Raab's trip to Brussels, including a
meeting with his EU counterpart Barnier.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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