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Pare some gains

GBP
  • Cable fades back towards the figure, and the GBP bid that emerged at 07.55BST may have been fix related.
  • Friday's high at 1.3939 held, after the pair printed at 1.3940 high.
  • And we are seeing similar fading against the EUR and JPY.
  • Nonetheless, GBP trades in the green versus all majors, beside the SEK

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