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GBP Softens Further as GBP/USD Support & EUR/GBP Resistance Gives Way

STERLING

GBP inching lower still in recent trade, hitting new lows against EUR, USD although no new headlines crossing to prompt the move.

Support at 1.2867 (Oct 16 low) in GBP/USD has now given way, with short-term trendline resistance in EURGBP at 0.9127 also cleared. Opens 0.9220 (Sep22 high).

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