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GBP/USD Should See Losses

The GBP/USD completed a 5-wave decline. It was always going to see a pullback and it was quite a rush back higher. Clearly, the fumbling of what is happening in the UK is rather an embarrassment. Howe… Read Full Story ...

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EUR/USD Makes U-Turn, USD/JPY Could Continue Higher

EUR/USD topped near the 1.1575 level and later corrected lower sharply. USD/JPY is currently consolidating and it could soon make the next move above 108.75. Important Takeaways for EUR/USD and USD/JP… Read Full Story at source (may require registration)

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EUR/USD: downside exposed after bearish outside-day

EUR/USD charted bearish outside candle yesterday, courtesy of Brexit vote and ECB’s dovish turn. The candlestick pattern signals the continuation of the sell-off from the recent high of 1.1570. Politi… Read Full Story at source (may require registration)

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TD on EUR/USD – bullish but lower conviction

We maintain a bullish strategic outlook on EURUSD for now, but recent developments have seen our level of conviction moderate. We expect the USD to trade on a softer footing overall. In the Euro area … Read Full Story at ...

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