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GBPUSD last deals at 1.3315, with GBP.........>

CABLE
CABLE: GBPUSD last deals at 1.3315, with GBP traders having little fresh to chew
on in terms of domestic developments after the extended UK holiday weekend.
GBPUSD had a brief look below 1.3300 in Asia-Pacific hours, but never really
threatened a clean break lower. The Brexit related headlines were relatively
light overnight, while those from the weekend offered little in the way of fresh
insight.
- Support comes in the form of the May 25 low at 1.3295, followed by the 1.0%
envelope 10-DMA/Aug 04 2017 high at 1.3268/67. Upside interest comes in the form
of yesterday's high at 1.3341.
- The most notable domestic economic release scheduled for this week comes in
the form of 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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