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Rate improving well off the lows, with........>

CABLE
CABLE: Rate improving well off the lows, with GBP/USD adding around 40 pips off
the lows following continued comments from the Bank of England's Executive
Director for Markets Andrew Hauser, who stated that a negative Bank of England
interest won't happen in the near-term even if it's decided that it's the right
thing to do.
- Worth noting that Hauser is not a member of the Monetary Policy Committee at
present.
- Recovery in GBP/USD trims the day's losses, keeping the first upside target at
the overnight highs of $1.2583, with $1.2615 up next.

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