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Cable comes under renewed pressure

By Gerry Davies  || July 10, 2009 at 10:05 GMT
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Cable has come under accelerated pressure against the backdrop of heightened risk aversion. Sell stops were triggered on the move through 1.6250 and we’ve moved quickly to 1.6225 at writing.

Tech supports now 1.6220, 1.6200 and 1.6180/85.

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