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Pound extends broader gains

GBP
  • The Pound is still performing well, and at new intraday high against the Dollar, now close to be at 181.30 vs the Yen, not a tech level but where it was trading Yesterday, before it fell over 300 pips.
  • Still nothing confirming intervention by Japan or not for Yesterday's move in the Yen.
  • Next resistance in Cable is still further out, at 1.2220.

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