• Cable threatens mooted offers at 1.53 after USD takes fresh hit
  • 1.5304 was Apr 30 low. 1.5293 is 50% retracement of 1.5498-1.5088
  • EUR/USD gains outpace cable gains, as evidenced by EUR/GBP rise
  • 0.7437 = highest level for cross for 11 weeks (0.7316 = Tuesday low)

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