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Nearing couple of MNI tech levels

GBP

Continued better buying of GBP this morning.

  • No new clear catalyst, with some desk pointing at the faster pace of vaccination for the UK as a possible driver, but this isn't really new.
Nonetheless, we nearing couple of MNI tech levels.
  • EURGBP support right here at 0.8659 1.0% 10-dma envelope
  • Cable resistance is at 1.3952 High Feb 16

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