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Gets pressed to extended pullback lows of.....>

CABLE
MNI (London)
CABLE: Gets pressed to extended pullback lows of $1.2912 (NY pullback low
$1.2915, off $1.2978 Aug29) as rate struggles to keep pace with Eur/Usd's minor
recovery. However, this move does allow Eur/Gbp to pare back early Europe
losses, which had seen this rate extend its pullback lows to GBp0.9250, off
Tuesday's high of Gbp0.9307. Cross currently trades around Gbp0.9258. Support in
cable seen from present levels through to $1.2900. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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