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With GBP/USD now solidly above $1.40,.........>

CABLE
CABLE: With GBP/USD now solidly above $1.40, traders now looking for the next
significant level to the upside. Longer-term, the channel top at $1.4144
attracts interest and beyond that, $1.4268 marks the 76.4% retracement of the
post-Brexit decline (%1.5018-1.1841). Between there and the June24 2016 spike to
$1.5018, $1.4517 sees the 50% Fib level for the decline from $1.7192 (mid-2014)
to $1.1841 (post-Brexit low). Brexit talks to be key from here, but tomorrow's
jobs data will also gauge interest with the focus, inevitably, on the pay
statistics.

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