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CABLE: Sterling remains on the back foot as cable eases to a fresh intraday low
of $1.3115, just shy of Tuesday's low of $1.3114 seen in NY. Expect some demand
interest into $1.3100, a break to open a deeper move toward $1.3087/80 ahead of
$1.3060/55(Oct9 low/100-dma). Position adjustments ahead of today's UK Q3
advance GDP data (median 0.3%Q/Q), the numbers the last hard data ahead of the
next BOE MPC meeting. A miss could influence the voting as many expect the Bank
to hike 25bps.