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Pair Pops to New Multi Year Highs

GBPUSD

GBPUSD pops in recent trade to hit new highs and make a decent test on the 1.38 handle. A rise through here would be the first since H1 2018. MNI Tech flags next resistance at 1.3804, the Apr 30 2018 high.

  • Nice uptick in futs volumes in the recent move higher - best volumes of the day crossed at 1435GMT - around £40mln cash equivalent

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