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CABLE: New lows on the day and the year printed in GBP/USD as the USD recovers
slightly. A break below the $1.29 level would open up a move toward the $1.2857
level, marking the 1.618% swing for the $1.3050-1.3363 move ahead of falling
support at $1.2846. Domestic data remains few and far between but focus remains
on background politics, the odds of a Conservative party leadership challenge
and the looming (soft) deadline of October for a withdrawal deal to be agreed
with the EU.