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Paring losses, GBP and EUR at session lows

USD
  • A full reversal in Cable, albeit in a tight 33 pips range, with broader small unwind in the Dollar.
  • EURUSD is also testing session low, but similar to most G10 FX pairs/crosses, they remain in limited ranges, aside from the Yen of course.
  • Cable printed a 1.2466 low Yesterday, and this will be seen as the initial support, followed by 1.2423 (Low Apr 24).

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