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Rate extends losses below $1.26, hitting......>

CABLE
CABLE: Rate extends losses below $1.26, hitting the lowest level since the early
January flash crash. A close at present or lower levels would be the lowest
since mid-December last year. Adding to the pressure, the DMAs in GBP/USD are
close to forming a death cross (50-dma < 200-dma) for the first time since June
2018 - which was followed by near 6.5% decline by the year's end.

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