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The British Pound drift lower

GBP
  • Cable breaks below 1.1200, after Liz Truss's presser.
  • Very little new of note from the PM.
  • Hunt to deliver medium-term fiscal plan "at the end of this month", and no mentions on other tax cuts in the opening statement.
  • Support in Cable is seen at the intraday low, 1.1167.

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