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Cable look to test 1.2700

GBP
  • While the Pound is mostly on the Back foot in Early trade against all G10s, and despites being just 0.09% up against the Dollar, Cable is making another attempt at the 1.2700 handle, failed last Thursday at 1.2709.
  • A clear through this area, will open back to 1.2759, not a tech level, but where the pair was trading pre US February NFP.

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