Gbp/usd - 1.4955... Cable has edged higher in Asia to 1.4962 after finding renewed buying at 1.4916 (NY). With an absence of UK's data today, the eur/gbp cross may continue to affect cable after Europe opens. The cross has moved lower after it's rally fm 0.8180 was capped at 0.8276 in NY n downside bias is seen for further weakness which in turn may lift the cable higher. Offers are located at 1.4990/00 with stop building up abv y'day's high of 1.4912. Bids are seen at 1.4910/20 n further out at 1.4880/90.
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