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Intraday Market Analysis – USD Retains Upper Hand

GBPUSD to reach 2-year lows The pound remained under pressure after a slowdown in the UK’s GDP growth in Q1. A break below the lower range (1.2260) of a brief consolidation signalled a bearish continuation. Sterling is heading towards its two-year low at 1.2100. Short-covering could be expected and ...

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Intraday Market Analysis – USD Retains Upper Hand

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