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Having benefited from BBC Newsnight reports...>

CABLE
CABLE: Having benefited from BBC Newsnight reports that German Chancellor Merkel
may be willing to place a five-year time limit on the problematic backstop in
Northern Ireland, GBP/USD erased the day's gains in their entirety on the
subsequent denial from a German government spokesperson. This leaves the 21-dma
at $1.3157 out of reach for now. Support may be found on approach into the Apr8
low at $1.3027.

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