We’ve seen the pair rally from 0.8201 to 0.8222 so far with cable dropping through 1.6400 as I type from 1.6420
Next line of bids coming in at 1.6375
Sellers on EURGBP between 0.8230-40
GBPJPY is near session lows at 167.52. large seller noted
For those who didn’t see it I posted over the weekend on the UK’s fall in real wages from 2010, the most continuous period for over 50 years.
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