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Wednesday, March 28, 2007

GBP/USD: Revisits 1.9680 on Bernanke "Increased Uncertainties"

Cable has revisited 1.9680 on the back of Fed chairman Bernanke's comment that uncertainties around the US economy have "increased somewhat" (Reuters). 1.9680 offers capped earlier US durable goods orders data-fuelled gains. Further sell interest is tipped at 1.9700.

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