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Pound underperform

GBP

A fairly subdued session for FX, given the US holiday.

  • GBP remains better offered today, with very little new on the latest Brexit chatter from Ireland: "sides need to compromise on three key areas, including fish, in order to unlock a deal".
  • As the window narrows, upside momentum for the British pound has been limited.
  • Cable is testing low of the session, and initial MNI tech support is seen below the figure at 1.3293 Low Nov 24

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