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Sterling picks up demand interest, possible...>

CABLE
MNI (London)
CABLE: Sterling picks up demand interest, possible position adjustments ahead of
UK Employment/Earnings data at 0930GMT. Cable has edged back toward its earlier
high of $1.3022, whilst EUR/GBP has now eased back below its key technical
10-dma, having earlier failed to make an impression on its Asian high of
Gbp0.8535. 
- Apart from UK data traders aware that BOE Carney makes an appearance in Davos
today. Main data focus on flash PMI's Friday, ahead of the BOE MPC announcement
on Jan30.  
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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