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Touched a high Monday in early NY of..........>

CABLE
MNI (London)
CABLE: Touched a high Monday in early NY of $1.3119, after recovering from its
pullback low of $1.3068 (seen Friday after pulling back from $1.3133) before
eased lower through the balance of the session, touching $1.3087 at the 1600BST
fix before it settled between $1.3090/1.3100 into the close. Rate pivoted
$1.3100 in early Asia before it was pressed to a low of $1.3079 in reaction to
the sell off in AUD, prompted by release of dovish RBA Minutes. Like EUR/USD
buyers were attracted into the dip and edged rate back to $1.3094 into Europe. 
- UK Labour Market report takes focus on Tuesday. CPI and Retail Sales hit on
Wednesday and Thursday respectively. BoE Gov Carney will speak on Wednesday.
- Support $1.3079, $1.3068 ahead of stronger level at $1.3050. Resistance
$1.3120, $1.3133. 
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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