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Slippage extends to $1.2945 as rate...........>

CABLE
MNI (London)
CABLE: Slippage extends to $1.2945 as rate continues to take its lead from
Eur/Usd slide, with the bounce from Gbp0.90525 to Gbp0.9060 adding weight. Move
lower in the cross through the European morning has been diverting most of the
downside pressure from Eur/Usd but that protection currently lifted. Next
support seen at Friday's post US CPI low of $1.2939 ahead of $1.2930/20. 
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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