GBP/USD falls below 1.6450 and posts 1.6430 as intra-day low

After rejecting at 1.6500 level in the early Asian session, Cable has fallen around 70 pips to break down the 1.6450 support and post 1.6430 as fresh intra-day low in the early European morning. Currently the pair is trading around 1.6445/55, 0.45% below today's opening price action.

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