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CABLE: Rate continues to modestly recover, adding 20 pips or so as UK PM May's
spokesman clarifies that the cabinet has backed the PM in moving forward on
Brexit and expects them to continue to do so. This possibly showing some
ministers have been placated by May's progress despite reports in UK press
suggesting as many as four further ministers could resign. GBP/USD touches
$1.2877 in most recent recovery efforts.