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Cable Rallies Like This Last Seen In 2008, 2016, 2017, 2020


Further to our note on Cable rising 2.3% today - GBPUSD is set for its biggest 1-day % rise since Mar 26th, 2020, and before that seen on only a few occasions (Jan 17th 2017; Jun 20th 2016; a couple of times in 2008). See chart:

Source: BBG

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