GBP/USD: Bearish for 1.3420
|EUR/USD Current level - 1.1933
The rebound above 1.1910 was capped at 1.2000 area, thus confirming the bearish outlook on the senior frames for a slide towards 1.1810 and 1.1720. Intraday there is still a risk of a second leg to 1.2000 before drowning below 1.1910.
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USD/JPY Current level - 111.81
The recent reversal at 111.25 signals a finale of the downtrend from 113.40 and the intraday bias is positive, for a test of 112.00 and even 112.40 area before another attempt at 111.00.
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GBP/USD Current level - 1.3478
The rebound after 1.3480 has been a short-lived one and my outlook remains bearish, for a dip to 1.3420. Crucial on the upside is 1.3560.
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