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Cable finds some dip buying

GBP
  • Cable finds some dip buying, after the Pound collapsed os supplies concerns, and this is why Cable trades in 186 pips range and down 1.13% versyus the Dollar
  • Support is still at 1.3520 Low Jan 18
  • Gilts are unmoved, instead taking their cue from hawkish BoE last week and Fed speakers have kept the pressure on Tnotes and Bund

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