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Sterling slowly paring gains though in a......>

CABLE
MNI (London)
CABLE: Sterling slowly paring gains though in a move more likely driven by
profit taking, traders suggest. Cable eases away from the $1.3283/88 area to
$1.3253 with support suggested in the $1.3250 area. The earlier release of
strong UK Inflation data has strengthened suggestions that Thursday's BOE MPC
Minutes could tend toward a hawkish bent. UK Jobs Report Wednesday.  
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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