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The British Pound extends its decline

GBP

Cable test another session low, a quick turn around from this morning's bid.

  • MNI tech support is seen further out, at yesterday's low 1.3246.
  • Also note that there is 1.49bn worth of Option expiry at 1.3250 for today, if there is further downside traction in the pair.
  • GBPUSD is 1.3282

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