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Lack of clarity from PM May's press...........>

CABLE
CABLE: Lack of clarity from PM May's press conference with added weight from
strong US Retail Sales, further pressures the pound to extended session lows of
$1.2546. Near-term support is seen at $1.2534/27 (1.0% 10-dma envelope/76.4%
$1.2478-1.2687), a break and expect further support ahead of $1.25.

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