Cable's intra-day selloff in part due to active cross-selling in sterling suggests recent decline is still in progress and may extend further weakness to previous support at 1.6460, however, near term oversold condition should limit downside to 1.6435-40 (1.618 times projection of 1.6845-1.6658 measuring from 1.6739) and reckon 1.6390-00 would
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