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Rate extends losses having slipped below......>

CABLE
CABLE: Rate extends losses having slipped below the 200-hma at $1.3192 as well
as the 21-dma at $1.3178. There's relatively little support for GBP/USD ahead of
the 61.8% fib retracement support at $1.3114 (for the $1.2949-1.3381 move). The
Mar7 low lies below the handle at $1.3069, which may become the next target for
bears.

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