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Having earlier touched lows of $1.4148,.......>

CABLE
CABLE: Having earlier touched lows of $1.4148, recovery efforts have remained
shallow to largely hold $1.4155/65. Traders cite a number of factors behind the
sharp GBP move this morning. RHS EURGBP fix interest, month-end related flow and
the announcement that Glaxo has agreed to buy Novartis joint venture stake in a
$13bn deal. 

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