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GBPUSD has consolidated above $1.3200 for.....>

CABLE
CABLE: GBPUSD has consolidated above $1.3200 for the balance of the session,
underpinned from this morning's strong UK Services PMI (highest reading since
October). Market pricing for a BoE rate hike has edged higher (72% vs 64%)
according to MNI Pinch. A break of the European morning high ($1.3228) can look
to challenge $1.3238/52  (1.618% swing $1.3207-1.3157, 76.4% $1.3315-$1.3050).
Meanwhile, EURGBP comfortably holds below the 200-dma (Gbp0.8822) at Gbp0.8810
and will be monitored around the close. 

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