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GBPUSD breaks the July high

USD
  • Cable has cleared the July high and sees small initial resistance at 1.2238, above the latter, would open to 1.2291.
  • All a function of the Dollar.
  • Yen is still the best performer up 1.27% vs the Greenback in G10s.
  • Next support in USDJPY is further out to 132.17 Low Jun 17.

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