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Coming under pressure

GBP
  • Some pressure on the British Pound as we start the European session, also some buying continuation of the Dollar with the latter up against all G10s, and testing best levels versus the SEK, NOK, AUD, GBP, IDR, and JPY..
  • Immediate resistance for EURGBP comes at 0.8476 High Oct 26
  • Cable test immediate support at 1.3655 Low Oct 14. A clear break through the latter opens to the 1.3600 figure.

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