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GBPUSD now up 0.25%

GBP

Cable has recovered some of its losses, led by the USD sell off, after the US CPI data.

  • GBPUSD trades above initial MNI tech resistance at 1.3843 1% 10-dma envelope, now at 1.3855
  • Further upside extension will eye 1.3900, and 1.3935 High Apr 27, 2018

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