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GBP/USD as May looks more stable, USD weakens

GBP/USD extends gains into the mid-1.2800s, up on positive political developments for PM May. Michael Gove confirmed he will stay. Reports about a no-confidence motion have not been confirmed. Fed officials' concerns weigh on the USD.

GBP/USD News

USD/JPY extends slide below 113.00, hits 2-week lows

The USD/JPY pair dropped further during the American session on the back of a slide of the US dollar across the board. It bottomed at 112.65, the weakest level since November 2. 

USD/JPY News

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"Support and Resistance Lines conform the most basic analytical tools and are commonly used as visual markers to trace levels where the price..."

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