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GBP/USD trades in the red

  • Pair's attempt to lift in Asia capped at 1.4990 levels. Easing in early European session but continues in thin range

  • Double top posted at 1.4989/90 (also Fri's high)

  • Shorts active, scope for return to last week's almost 5 year low at 1.4635

  • Stops seen above Thursday's 1.5008 top

 

  • Market Data
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