Cable nears key support as pound among the laggards on the day


GBP/USD down 0.4% to below 1.3800 on the day The only thing I can really point towards is a technical move with GBP/USD keeping lower after failing to breach its 200-hour moving average at around 1.3867 yesterday, and also with GBP/JPY breaking below the 3 August support at 151.17.

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