Since I left things earlier today, the USD has managed to rally about 50 pips against the other majors with the exception of the AUD which is showing remarkable resilience. My bid at 1.5535 in the cable has been filled and I’m now hoping that the bids around the 200-day MA (1.5490ish) again prove strong enough to hold things up. UK retail sales figures are due out a little later.
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