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EURGBP TECHS

Trend Signals Remain Bearish

GBPUSD TECHS

Holding Onto Recent Gains

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The post-FOMC cheapening seen at the backend of last week has 10s looking above the range that has been in play since early July, with focus now switching to the Jun 17 high in yield terms (1.5907%).


Fig. 1: U.S. 10-Year Yield (%)

Source: MNI - Market News/Bloomberg