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Rate inching to the lowest levels of the......>

CABLE
CABLE: Rate inching to the lowest levels of the session, GBP/USD slipping 20
pips or so to touch $1.2241 in response to comments from BoE's Saunders, who
speaks in favour of erring on the side of 'too much' stimulus. Saunders adds
that it is unlikely the data available to the MPC at the June meeting would
negate the case for further stimulus.
- This narrows the gap with key support in the pair at $1.2162, marking the May
22 low and the bear trigger down at $1.2076.

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