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Under constant pressure

GBP
  • Another attempt at new intraday lows for the British Pound, against the EUR and the USD.
  • The currency is in the red against all the majors.
  • SEK, EUR and CHF are the best performers versus the GBP in G10s.
  • Not much in terms of support for Cable at current levels.
  • Support will now be seen at the Psychological 1.2000.

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