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Rate extends the day's losses to re-target....>

CABLE
CABLE: Rate extends the day's losses to re-target the $1.30 handle following the
resignation of UK MP Jo Johnson in protest of the proposed Brexit deal. Further
government destabilisation looks increasingly likely over the weekend, prompting
markets to shed GBP at current levels. GBP/USD will likely find support ahead of
the $1.30 handle but a break below would expose the cloud base at $1.2980 as
well as the Nov2-5 lows at $1.2965/52.

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