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Recovery off post Brexit announcement low.....>

CABLE
MNI (London)
CABLE: Recovery off post Brexit announcement low of $1.3456 found saw momentum
fade above $1.3490 with rate currently trading around $1.3487. Resistance noted
between $1.3495/1.3505, a break to expose the pre announcement high of $1.3521.
Support remains from $1.3456 through to $1.3450. Eur/Gbp seen driving current
sterling strength as rate seen easing back toward its Asian base of Gbp0.8700,
currently around Gbp0.8707. 
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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