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Sterling remains under pressure ahead of US...>

CABLE
MNI (London)
CABLE: Sterling remains under pressure ahead of US Employment data at 1330GMT,
market median NFP 195k/AHE 0.3%mm. Cable extends lows to $1.3400, holding just
off tech support at $1.3398(Initial recovery high Dec7). Break here to open a
deeper move toward $1.3365. Resistance $1.3450/55. Eur/Gbp extends recovery off
earlier low of Gbp0.8690(Gbp0.8693 61.8% 2017 range Gbp0.8314-0.9306) to
Gbp0.8766 and currently holds firm at writing. 
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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