Cable on the run but more bids noted via ForexLive

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The greenback grabbing has sent GBPUSD down through 1.6200 support/bids to post 1.6192 in a rush after triggering a few stops

More bids lined up at 1.6175-85 have stalled further falls at the moment and we're back to 1.6209

Expect offers back in around 1.6250 and I still say that we can't rule out an eventual test of 1.6000 sooner rather than later

posted via ForexLive

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