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Better buying ahead of budget

GBP

Round of GBP buying, with the currency on the move against EUR, USD, JPY in the past few minutes.

  • GBP still leads versus JPY in G10, up 0.42%
  • Cable look to test that 1.4000 handle once again.
  • Likely positioning ahead of the budget.
  • MNI tech resistance in Cable is seen at 1.4029 High Feb 26

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