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NEWS: Cable is trying to erase yesterday’s drop as it climbs into the European close May 20, 2021 at 05:06PM


Strong rebound in GBP/USD
Cable is showing that it’s not afraid of the February highs.
The pound trails only the Canadian dollar among G10 currencies this year and it’s offering up another show of strength. We saw a dip yesterday on risk aversion and broad USD strength but that’s quickly unwinding — just as it did after

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