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Pared most of the earlier gains as rate.......>

CABLE
MNI (London)
CABLE: Pared most of the earlier gains as rate eases back to $1.3475, after rate
had been marked down to $1.3470 at the Asia open before it rallied to $1.3570 in
early Europe. Support seen into $1.3470, break opens a deeper move toward
$1.3450/40. Eur/Gbp back above Gbp0.88, currently around Gbp0.8810 not providing
any pressure diversion. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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