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(Z1) Intraday Rallies Falter Ahead of Resistance

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CABLE: Sterling's recovery continues, lifting GBP/USD to fresh session highs.
There's still some way to go before Friday's high at $1.3448 is tested and
reported model selling at $1.3420 could be keeping a lid on the pair for now. UK
PM May is due to speak on the EU later this afternoon amid light newsflow and
calendar events. 
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com