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Rate gains on comfortably.....................>

CABLE
CABLE: Rate gains on comfortably stronger-than-expected UK retail sales, paring
the day's losses but remaining in negative territory. Any rally through the
overnight highs of $1.3053 will open the 200-hma at $1.3071 and the 55-dma at
$1.3090. The option expiry calendar is particularly quiet, with the larger
expiries amounting to just $208mln rolling off at $1.3075-80.

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