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Cable breaks out below the 1.3700 handle

GBP

Long bails out as we clear below the 1.3700 handle.

  • Immediate MNI tech support comes right here at 1.3670/63 Low Mar 25 / Low Feb 5
  • Move in Cable, helps EURGBP towards next initial target at 0.8705 High Mar 1, now at 0.8694
  • Pound is down 0.45% against the Greenback and 0.21% versus the EUR

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