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Rate pulls back towards unchanged on the......>

CABLE
CABLE: Rate pulls back towards unchanged on the session after briefly posting
gains of as much as 0.6% in European opening hours. Better than expected
Manufacturing PMI numbers failed to support as the marked build in new orders
was largely a result of stockpiling, with further negativity in the export
figures, which showed the first back-to-back fall in export orders since the
beginning of 2016.
Any fall through the overnight lows of $1.2734 will open a move toward the
Nov27/Nov15 lows of $1.2725/24 ahead of the rising support line from Aug15 of
$1.2711.

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