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Trades in the red against all majors

GBP
  • GBP continues to trade heavy, with Cable edging back below pre US NFP levels and now eyeing a test at Friday's low 1.4083.
  • The pound trades in the red against all majors, also helped by some retracement higher in USD.
  • JPY and USD leads gains in G10s versus the British Pound, on the back of risk tilted to the downside, following G7 ministers agreeing a minimum corporate rate tax of 15%

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