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Cable test intraday high

GBP

GBPUSD takes another leg higher, but not seeing much spillovers in GBPJPY or EURGBP.

  • It looks more Cable related
  • There is small USD selling emerging against AUD, CAD and CNH, albeit within ranges.
  • Next MNI tech resistance in Cable, comes at 1.3854 Former bull channel base drawn off the Nov 2 low

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