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Under continued pressure

GBP
  • New lows across the board for the Pound, against JPY, USD, EUR.
  • The pound is in the red across G10, albeit flat versus the NOK.
  • USD is seeing some buying and that's despite the lower US yields and the Risk On tone, so some divergence/dislocation here.
  • The Dollar is in the Green against all G10 and leading versus GBP, up 0.43%
  • GBPJPY next immediate support is now seen at 15.733

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