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GBP sees renewed pressure

STERLING

Its been a one way move lower for GBP today extending losses against USD and JPY down 1.01% and 1.1% respectively.

  • A decent 177 pips range in Cable, led by lower Equities, higher USD, and the lack of progress in Brexit talks has kept the Pound and the EUR under pressure the whole day.
  • GBPJPY eye 10/08 low at 138.113, ahead of the August low at 137.751 (printed on 03/08)

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