Real money buying of GBP has reportedly aided cable's lift off six-day lows circa 1.9666. The latter level is a 38.2% Fibo retracement point of the ascent from 1.9260 (Jan 8 low) to 1.9917 (yesterday's 15-year high).
GBP/USD resistance levels are located at 1.9700 (approximate London morning floor), 1.9717 (pre-MPC minutes low), 1.9756 (yesterday's base), and 1.9770 (European morning rebound top from 1.9700).
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