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Finding some selling interest

GBP
  • Small extension lower for the British Pound, testing low against the EUR, USD and JPY.
  • Market participants will be watching the 1.2528 level in Cable, Yesterday's low and just ahead of the support at 1.2521 1.382 of Jul 14 - 24 - 27 price swing.
  • These levels are the lowest print since mid June.
  • Further out, opens to 1.2480 1.50 projection of the Jul 14 - 24 - 27 price swing.

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