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Rate erases the day's gains and turns flat....>

CABLE
CABLE: Rate erases the day's gains and turns flat on the session. GBP/USD is
still yet to re-test the day's lows of $1.3581 but, should it break below there,
will open up a move toward the $1.3543/41 levels, marking the 61.8% Fib level
for the $1.3027-1.4377 move and the equality fall from $1.4000. Services PMI
from the UK tomorrow could prove pivotal for the short-term trend in GBP. 

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