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Forex Forecast: EUR/GBP downside post ECB meet?; USD/CAD: Will retail sales and CPI change...

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 23, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    In today’s forex forecast, we look at EUR/GBP, USD/CAD and EUR/CAD with Joshua Mahony, Market Analyst for IG Index. Canada: Expansionary path for the economy. Canada remains in focus, notes Mahony, as he highlights the two key risks for USD/CAD ahead – the retail sales and CPI numbers. Mahony also believes the election of the new Prime Minister in the country adds to a positive outlook for the economy. EUR/GBP outlook into ECB decision Mahony sees a clear resistance for EUR/GBP at 0.75. He

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