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Pressure off as cable recovers back above.....>

CABLE
MNI (London)
CABLE: Pressure off as cable recovers back above $1.3140, from its recently
posted low of $1.3126, while Eur/Gbp eases away from its traded high of
Gbp0.8839 to currently trade around Gbp0.8832. Political woes seen providing a
counter to recent bullish outlook for sterling. Watch for Brexit comments today
which following the recent BOE MPC hike look to be becoming more key in BOE rate
path. 
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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