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GBPUSD pares European morning gains with a....>

CABLE
CABLE: GBPUSD pares European morning gains with a quick roundtrip from $1.2767
to $1.2722. This brings the 1.27 level back into view, with a break extending
the corrective pullback toward $1.2667/51 which represents the 38.2% retracement
of $1.2506-1.2767 & 100-hma.  

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