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Trailing Eur/Usd's stronger recovery, rate....>

CABLE
MNI (London)
CABLE: Trailing Eur/Usd's stronger recovery, rate edges back to $1.3040 as it
climbs away from earlier lows of $1.3019. This lagged move allows Eur/Gbp to
make another show above Gbp0.9160, though seen struggling to gain any decent
momentum.  Cable resistance seen at the earlier Asian high of $1.3044 (NY high
$1.3043), a break to expose reported technical resistance levels between
$1.3050/60. 
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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