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GBP/USD finally breaches 1.30
Following on from an earlier update on the Pound, the GBP/USD has now pushed its way above 1.3000. The move has not extended by very much through that level yet, but it seems to have taken out any residual sellers ahead of the price point. As mentioned here many times before the path to test, or perhaps even surpass the current 2024 high, at 1.3044 remains open, should the Pound choose to push higher from here. The high seen a moment ago was set at 1.3003. The GBP/USD is currently trading at 1.2998
Market News
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Nasdaq 100 slides below 18,500
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Now risk aversion takes hold of the USD/JPY as US yields fall back again
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US stocks slide further into the red- S+P 500 falls below 5,450
As just mentioned in the previous update, the US stock markets have turned sharply lower since opening this afternoon. Hence we now have a fresh...
