EURUSD Breaks 1.09

The Euro traded sharply lower in what appears to be a response to a lift in US yields.

As the 1.09 level confirmed a break, price action could drop by another 50 pips.

Cable is another casualty of a strong dollar, with price action moving in favour of the greenback.

Timestamps
EURUSD 1:20
GBPUSD 02:35

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