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Key Highlights GBP/USD started a fresh increase above the 1.3500 resistance zone. A connecting bullish trend line is forming with support at 1.3530 on the 4-hour chart. EUR/USD is now gaining pace and might clear the 1.1450 resistance zone. USD/JPY extended losses and traded below the 143.50 level. GBP/USD Technical Analysis The British Pound formed […]

The post GBP/USD Aims More Upsides, Bulls In Control appeared first on Action Forex.

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01/07/2024

USD/JPY Rises Up After GDP Downgrade

The Japanese yen has dropped below the 161 line on Monday. The yen is trading at 161.39 early in the North American session, down 0.35% on the day. Japan’s GDP revised sharply lower Japan revised its first-quarter GDP report to -2.9%, y/y, sharply lower than the initial reading of -1.8%. On a quarterly basis, GDP […]
26/11/2024

NZDUSD Falls to 1-Year Low Ahead of RBNZ

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02/12/2023

The Weekly Bottom Line: Moving Toward Target

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