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TD Securities note that "as expected,......>

STERLING
STERLING: TD Securities note that "as expected, the September MPC meeting did
not provide a large directional push for the GBP. Political risks remain the
main focus and these are building to another near-term peak. This leaves us
cautious and reluctant to embrace a bullish view on sterling, but we note the
GBP looks increasingly vulnerable to a short-squeeze."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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