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A full reversal in Cable

GBP
  • A full reversal for Cable, after finding some buying interest in early trade on the back of the weaker USD, the Pound is now under renewed pressure and at session low versus the USD.
  • EURGBP is edging back towards yesterday high, now near the 0.8400 handle vs 0.84037 high yesterday.
  • GBPJPY is now down 1.2%.

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