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Tracks Eur/Usd rally, as Eur/Gbp holds back...>

CABLE
MNI (London)
CABLE: Tracks Eur/Usd rally, as Eur/Gbp holds back below Gbp0.8870(off traded
high of Gbp0.88735). Cable has managed to extend its recovery off recently
posted lows of $1.3085 to $1.3123, the rate holding firm at writing. Resistance
now seen at $1.3127-37 (61.8%-76.4% $1.3153-1.3085) ahead of the early European
high of $1.3153. Stronger resistance remains into $1.3180. 
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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