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Touched an extended low of $1.3094 before.....>

CABLE
MNI (London)
CABLE: Touched an extended low of $1.3094 before profit take buyers emerged into
the dip to correct rate back to $1.3111. Eur/Gbp initially tracked the stronger
downside react in Eur/Usd, breaking below its earlier base of Gbp0.90255 to
Gbp0.9016 but bounces back with Eur/Usd to current level around Gbp0.9034.
Thursday's dovish commentary from BOE Carney and today's strong US NFP expected
to weigh heavily on cable.  
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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