Forex Analysis


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GBP/USD stabilizes above 1.2800 above mixed signals

GBP/USD trades above 1.2800, after dipping to lower ground. The market mood improved on reported progress in trade talks. There is no progress on Brexit and an extension is mulled.

GBP/USD News

USD/JPY off lows, still in the red below mid-110.00s

Yesterday’s dismal US macro data prompted some aggressive long-unwinding trade. The data overshadowed US-China trade optimism and boosted JPY’s safe-haven demand. The USD managed to regain some positive traction and helped limit deeper losses.

USD/JPY News

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