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The Pound is the best performer in G10

USD
  • The dollar sits close to flat now against the SEK, CAD, CHF, NZD, EUR and AUD, as Equities recover a few points off their lows, after they broke lower on the back of the UK Data beat.
  • As such the Pound is the best performer in G10, and making new session highs against the USD, JPY.
  • Market participants will look at 1.2500 next, but resistance is seen at 1.2546 (14 April and the bull trigger).

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