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Sterling received a decent lift Thursday as...>

CABLE
MNI (London)
CABLE: Sterling received a decent lift Thursday as two Brexit party candidates
stood down ahead of the 1600GMT registration deadline for the Dec12 election,
the key one in marginal Dudley North. Move seen further boosting PM Johnson's
hopes for a clear majority result so that progress can be made on Brexit. Cable
rallied to $1.2888 before closing the day at $1.2882. Rate consolidated these
gains through Asia within a range of $1.2876/86, holding firm so far in Europe.
Election/Brexit remain the key drivers of sterling direction. A light data
calendar in the UK Friday. Main focus on US Retail Sales data at 1330GMT. 
- Support $1.2875/65, $1.2850, $1.2825/20. Resistance $1.2888, stronger into
$1.2900.  
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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