Leveraged sellers having a big clear out as GBP/USD’s crunched to 1.5270. Little in the way of a bounce so far but more important will be the weekly close tomorrow . Talk of a close under 1.5330 could signal a deeper fall towards 1.4900.
Guess all will be clearer after the MPC ,minutes in a fortnight’s time
Cable’s around 1.5290
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