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GBP recovery on Carney and news that the...>

STERLING
STERLING: GBP recovery on Carney and news that the Brexit war cabinet meeting
has been cancelled looks relatively thin, with GBP/USD still stubbornly below
the $1.35 handle and just above multi-month lows printed post-BoE today. Next
support remains at the $1.3458 Jan11 low, and traders are beginning to
increasingly cite touted option barrier at $1.3450 as next level in GBP/USD.

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