FX & CFD trading involves significant risk
GBP/USD weakens following the euro, while EUR/GBP pressures stops through stg0.8695/90. Cable broke under support in the area between $1.6380/70, with 50% retrace of the recovery from $1.6333 to $1.6395 coming in around $1.6364. Below here and rate can ease toward $1.6350 ($1.6348 76.4%) ahead of $1.6335/30. Resistance remains at $1.6400.
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