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CABLE: With the USD trading moderately weaker overnight, the GBP/USD rate is
reversing some of the losses seen post-hawkish FOMC minutes late yesterday. Asia
highs of $1.3530 are holding for now, but a break could expose hourly resistance
at $1.3570 as well as $1.3569, marking the 61.8% retracement level for the
UK services PMI up next at 0930GMT, expected at 54.0 after this week's
disappointing construction and manufacturing readings.