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USD buying drives the Pound lower

CABLE

USD buying and BoE bailey noting that they have looked very hard at negative rates, but they will need to see a lot of evidence before they start turning policy.

  • GBPUSD is through 1.2722 61.8% retracement of the Jun 29 - Sep 1 rally.Next MNI tech support comes at 1.2670 High Jul 9

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