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GBP remains at elevated levels,............>

STERLING
STERLING: GBP remains at elevated levels, underpinned by positive Brexit
undertones. GBPUSD touched highs of $1.3081 with topside focus on a break of the
50% retracement level of 1.1841-1.4377 & Feb20 high at $1.3109. 
- GBPJPY is currently clear of the 200-dma (Y144.66) at Y144.75, a level not
closed above since mid-November.
- EURGBP trades back under Gbp0.87 and brings the double bottom support area at
Gbp0.8670/75 into view, ahead of a run at the ytd low of Gbp0.8618. 

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