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GBPUSD last deals at 1.3256, after the pair...>

CABLE
CABLE: GBPUSD last deals at 1.3256, after the pair stuck to a 20 pip range
overnight.
- There was a lack of fundamental developments overnight & Brexit talks are
seemingly still in a state of impasse, which allowed the cross to consolidate
well shy of 1.3300.
- Resistance comes in at 1.3297 in the form of yesterday's hourly resistance
level, while support is noted at the 1.0% envelope 10-DMA ~1.3238, ahead of the
YtD low at 1.3205.
- The most notable domestic economic release scheduled for this week is Friday's
manufacturing PMI print.
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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