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Rate correcting further still, returning......>

CABLE: Rate correcting further still, returning focus to yesterday's lows at
$1.2708. A fall through here opens the psychological $1.27 support and the 1.0%
10-dma envelope at $1.2531. News has been light on the ground so far today
(although CBI data a few hours ago was abysmal - worst turn out for monthly
volume sales since the Global Financial Crisis) with focus turning to BoE's
Carney's appearance in front of the Treasury Select Committee due tomorrow. 
MNI London Bureau | +44 203-865-3809 |
MNI London Bureau | +44 203-865-3809 |

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