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Opened in Asia toward the lower side of.......>

CABLE
CABLE: Opened in Asia toward the lower side of yesterday's $1.3331 to $1.3432
range, where sentiment toward Brexit continues to ebb and flow and dictate
direction. The main focus comes later in the European session when UK inflation
data is released, consensus is for CPI to remain steady at 3.0% y/y, core
inflation at 2.7% y/y. Initial support lies at $1.3320 (Dec7 low), a break to
expose key-support at $1.3295 (50% fib $1.3040-$1.3550), while hourly resistance
is seen just below $1.3400. Cable was last at $1.3343.

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