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EUR/USD and GBP/USD Forecast

Discussion in 'Technical Analysis' started by Daily.Forex, Jul 15, 2016.

  1. Daily.Forex

    Daily.Forex Forum Member

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    The EUR/USD pair initially rose during the day on Thursday, but pulled back yet again to form a bit of a shooting star. I still believe that we are essentially consolidating between the 1.12 level on the top, and the 1.10 handle on the bottom. The British pound initially tried to rally during the course of the day on Thursday, but turned right back around to form a rather negative move late in the day.

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