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GBP/USD now over a cent below 1.5554

  • Cable down over a cent below 1.5554 (8wk peak scaled in Asia)

  • Losses influenced by EUR/USD weakness (EUR/GBP is also soft)

  • Cable support points are at 1.5424 (10DMA) & 1.5403 (Tuesday low) 

  • Resistance levels are at 1.5467 & 1.5489 (pre-US CPI data low) 

  • Market Data
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