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Recovery extended to $1.3831 before...........>

CABLE
MNI (London)
CABLE: Recovery extended to $1.3831 before momentum faltered, at same time as
Eur/Gbp broke under recent lows of Gbp0.8906 only to meet decent demand placed
into Gbp0.8900. Cable currently trades around $1.3816, the cross around
Gbp0.8906. Like Thursday ahead of ECB moves seen influenced by position
adjustments ahead of this afternoon's focal US Employment Report, with UK IP/Mfg
providing domestic focus at 0930GMT.  
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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