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Having reclaimed $1.29, GBPUSD squeezed to....>

CABLE
CABLE: Having reclaimed $1.29, GBPUSD squeezed to $1.2927 and seen approaching
resistance from the Asia high at $1.2936. Above here brings the 38.2%
retracement level & Feb 13 high at $1.2943/58 into view. Focus turns to the top
of the hour where ITV News have reported that a group of UK Labour MPs are set
to announce their resignation. 

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