Bollards are one of the most common obstructions in cycle routes. In this case one has been added right in the middle of the cycle sign.
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Clearly in this case the bollards don't obstruct a cycle route, unless you are good at bunny hops.
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The cycle markings are pretty confused and confusing.
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This is actually trying to tell you where to go after crossing northbound under the Mancunian Way.
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