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Cable slips back below 1.6100

Cable slips back below 1.6100

Forex Orders
Gerry Davies
08/01/2013 | 07:29 GMT

Presently at 1.6087.

Talk real money and European corporates been seen selling.

Tech support/buy orders now seen clustered 1.6050/70 (see orderboard) I’d hazard a guess some sell stops lurking close below 1.6050, but no confirmation as yet.

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