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Friday, December 08, 2006

GBP/USD: Rally Extends to 1.9680 Offers

Cable's rally off a post-NFP eight-day low of 1.9534 has extended to 1.9680 offers, as the USD slump continues. Additional sell interest is touted at 1.9700. 1.9640 (today's Asian session peak) is now a pullback support point. 1.9610 was today's Asian session base.

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