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GBPUSD spike has retraced slightly, but.......>

CABLE
CABLE: GBPUSD spike has retraced slightly, but still higher over past few
minutes. Again, seemingly no headlines or newsflow to support. There was a
significant volume spike at 1147BST, with over 6,000 contracts (around GBP375mln
equivalent) changing hands inside 60 seconds. Some attributing to earlier
headlines RE submission of application for early debate - but that is old and
unsurprising. 

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