Cable spikes on UK clearer buying

Just nudged sharply up to 1.6000 on an early dawn raid by a major UK bank , but offers sitting up at 1.6000/10 are expected to make progress slow. The move knocked the wind out of EUR/GBP’s sails revisiting Monday’s lows of 0.8123, and turns focus back again on the 200 day MA at 0.8108. GBP/USD…

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Cable spikes on UK clearer buying