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GBP/USD rate now testing the $1.29 handle.....>

CABLE
CABLE: GBP/USD rate now testing the $1.29 handle as the GBP selling ahead of the
midday fix is persisting through (what would be) the NY crossover. Liquidity
understandably thin here given Thanksgiving holidays - just 22% of the average
daily futures volume has crossed so far today and I wouldn't expect that to rise
much by the London close.
- Break through 1.29 opens further losses down toward first real support at
Nov22 low at 1.2824. 1.2769 seen as the larger bear trigger, however

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