The British pound found renewed buying interest at 1.4985 (we recommended in our previous update to buy at 1.4980) and has rebounded again, retaining our view that consolidation above Friday's low at 1.4951 would be seen with mild upside bias for retracement to 1.5051-58 (38.2% Fibonacci retracement of 1.5213-1.4951 and
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