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GBP maintaining the decent bidtone in......>

STERLING
STERLING: GBP maintaining the decent bidtone in recent trade, helping bid GBPUSD
up to 1.2465 - benefiting from better USD sales in recent trade as equities tick
higher one hour into cash trade. WMR fix in just over 30 mins could be
influencing also after some interesting price action around the month-end fix
Friday: price was bid headed in to 4pm London, before selling off on heavy
volume in the minute or two before the fix.
- 100-dma first upside target at 1.2578.

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