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Early upside continuation

USD
  • USD extends small gains, at new high against TWD, EUR, GBP, THB, AUD, CHF, CAD, CZK, SEK, CNY, CNH.
  • Cable is eyeing a test back at 1.2400, but the pair has seen some volatile 40/50 pips swings for the past two sessions.
  • GBPUSD has swung between 1.2392 to 1.2474 since Wednesday, and these will be seen as the early support/resistance.

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