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U.S. Dollar tests key resistance as traders await GDP and NFP reports. Outlook for EUR/USD, GBP/USD shifts cautiously.
On the upside, 1.3480 (mid-point of the ascending regression channel) aligns as the next key resistance level before 1.3500 (static level, round level) and 1.3570 (static level). Looking south, ...
Bank of America (BoA) considers that the dollar will remain vulnerable while it remains constructive on the Pound outlook. In this context, it forecasts that GBP/USD will strengthen to 1.43 at the end ...
The GBP/USD pair attracts some sellers to near 1.3425 during the early Asian trading hours on Tuesday, pressured by a modest rebound of US Dollar (USD). Investors await a speech by Bank of England ...
GBP/USD is on the cusp of testing the 2024 high (1.3434) as it breaks out of the range bound price action from the end of last week, and a move above 70 in the Relative Strength Index (RSI) is likely ...