Daily Pivots: (S1) 196.25; (P) 196.67; (R1) 197.25; More… GBP/JPY’s break of 197.41 support turned resistance suggests that corrective pullback from 199.96 has already completed at 195.01. Intraday bias in back on the upside for retesting 199.96 high. Firm break there will resume the rally from 184.35. In case of another fall, strong support is […]
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European currencies are showing subdued dynamics, entering a consolidation phase following their previous advance. Earlier, EUR/USD and GBP/USD broke out of their ranges and strengthened; however, the subsequent correction has led both pairs to retest Read more…
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