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USD sell off reaction to US Trump tweets on...>

CABLE
MNI (London)
CABLE: USD sell off reaction to US Trump tweets on China tariffs managed to take
cable to an extended high of $1.2280 but rally quickly attracted sellers as
traders looked to take advantage of the move ahead of the long UK weekend. Rate
dropped back to $1.2242 but has now quickly picked up demand which has taken it
back to $1.2275. Expect resistance into $1.2280, a break to expose $1.2300.  
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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