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Extending losses

GBP
  • EURGBP remains better bid, at another session high, after the BoE debacle.
  • Next upside resistance is now at 0.8561 61.8% retracement of the Sep 29 - Oct 26 sell-off
  • Yen is the best performers versus the British Pound, up 1.29% and highest since mid October.
  • Next support in GBPJPY is now at 153.725 (50% retrace of the October rally

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