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GBP/USD to bounce off of 1.44

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 29, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Technical Analysis EUR/USD keeps targeting 1.096 before US GDP “There was some short covering in the euro after the inflation data. The numbers are mostly better than expected. The euro was also supported as I sense the market has largely pushed out a March rate hike by the Fed.” - Mizuho Bank (based on Bloomberg) Pair’s Outlook EUR/USD rallied for a fourth consecutive day on Thursday and touched the closest resistance area around 1.0950/70. Friday's Asian session is registering some profit

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