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Cable takes out 2015 lows to post 1.4561

ByMike Paterson

Jan 7, 2016

GBPUSD chewed through the 1.4565-80 demand as UK equities tumble and euro demand returns
The drop takes it to 5 1/2 year lows but more demand/support noted into 1.4550. Res/offers around 1.4625

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  4. EUR / USD rose sharply, recovering losses from the opening. From the intraday low the pair gained about 220 pips and is currently trading at $ 1.0715, with an increase of 0.53%

By Mike Paterson

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