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Fed Terminal Trimmed 4bps On Powell


Corrective Cycle Still In Play

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Cable is through session low

  • A reversal for the Dollar, now finding a bid, following the lack of conviction in the Equity gains, after Govies and Rates futures faded off their highs.
  • Cable is heading back to session low.
  • A mixed price action, with most on the sideline, waiting for the Key data of the week tomorrow.
  • GBPUSD eye 1.1500 next.

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