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CABLE: Rate extends gains above $1.40 with stops being run on a break of the
handle. GBP Now comfortably the best performer of the session after spending
Asian hours underwater. $1.4010 was touted as a buy entry level for GBP/USD
several times last week, and that mark may come under further scrutiny should
the pair hold these gains. Next resistance may been seen on an approach into the
$1.4021/29 levels, marking the 1.618% swing of $1.3930-1.3782 and the 50% Fib
level for $1.4345-1.3712 respectively.