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Earlier this morning the GBP/USD reached a new 2024 high at 1.3340. It then fell back as the EUR/GBP downside move reversed back above 0.8400 and that helped to push the GBP/USD back down to a low at 1.3281. However, as the US stock markets prepare to reopen for the final live session of the week, the Pound has rebounded against the Euro and the dollar. The move lower in the dollar has also seen the USD/JPY drop back quite a way from the earlier high, at 144.43. The USD/JPY just now fell back to 143.58. That has allowed the GBP/USD so space to rebound too and now the Pound is currently trading at 1.3322
Owing to technical reasons, after this there will be no more updates from this analyst until early tomorrow morning. In the meantime, we should note...
Not long ago the DAX lifted above 22,425 and that means it has lifted further above the last technical rebound level of note (22,299.29). Of course it...
There is not that much of importance due out today in terms of US data releases or Q1 earnings reports. However, as far as earnings go, that sees...
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