FX & CFD trading involves significant risk
GBP/USD trades above $1.6400 again, as continued squaring of shorts support the pound. Cable touched a high of $1.6414 after UK GDP data release, with the corrective pullback meeting support ahead of $1.6370. Offers remain in place from $1.6414 through to $1.6420 with stops above. Further offers noted between $1.6440/50.
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