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Squeezing back toward $1.3300, after seeing...>

CABLE
MNI (London)
CABLE: Squeezing back toward $1.3300, after seeing an extended high of $1.3329.
Rate currently trades around $1.3301 as traders turn attention toward release of
UK Employment Report, with AHE the main interest. Most think that this would
have to be a particularly poor release to dent the current upside bias in
sterling with more attention on Thursday's BOE MPC meeting. However, support
seen back at $1.3275/65 ahead of $1.3250. Resistance $1.3330 ahead of
$1.3350/60. 
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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