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GBPUSD Builds Up On Upside Pressure

GBPUSD looks to recover further higher as it built on its past week gain during Monday trading session. Support stands at 1.2400 area with a break below that level turning focus to the 1.2350 level. Further down, support lies at the 1.2300 level where a violation will turn focus to the 1.2250 level. Below here will open the door towards the 1.2200 level.

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EURGBP Maintains Upside Pressure Short Term

EURGBP looks to extend its upside pressure as it retains its upside pressure. On the downside, support stands at the 0.8900 level where a violation will turn focus to the 0.8850 level. A break below here will aim at the 0.8800 level. Further down, support comes in at 0.8750 level. Conversely, resistance lies at the 0.9000 level. A violation if seen will turn

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USDJPY Faces Further Recovery Risk

USDJPY continues to face recovery threats in the days ahead. On the upside, resistance comes in at 108.00 level. Above this level will turn attention to the 108.50 level. Further out, we expect a possible move towards the 109.00 level. A cut through here will open the door for more gain towards the 109.50. On the downside, support comes in at the 107.00

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EURUSD Rallies Sharply, Eyes More Strength

EURUSD faces risk of further move higher following its sharp rally on Monday. Resistance stands at the 1.0950 where a break will turn risk towards the 1.1000 level. A breach of here will target the 1.1050 level. Further up, resistance stands at the 1.1100. Conversely, on the downside, support comes in at 1.0850 level with a violation opening the door for further gain

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USDCAD Sets Up To Strengthen Further

  USDCAD faces risk of further upside as it looks to follow through higher on the back of 2 days gain.. Support comes in at the 1.4050 level where a break will aim at the 1.4000 level. Further down, support comes in at the 1.3950 level where a break lower may occur. This if seen will trigger further weakness towards the 1.3900 level.

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EURUSD Continues To Face Recovery Threats

EURUSD faces risk of further move higher in the new week on correction. Resistance comes in at the 1.0900 where a break will turn risk towards the 1.0950 level. A breach of here will target the 1.1000 level. Further up, resistance stands at the 1.1050. Conversely, on the downside, support comes in at 1.0850 level with a violation opening the door for further

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GBPUSD Looks To Weaken Further Lower

GBPUSD looks to correct further lower as it holds on to its downside pressure. Support stands at 1.2300 area with a break turning focus to the 1.2250 level. Further down, support lies at the 1.2200 level where a violation will turn focus to the 1.2150 level. Below here will open the door towards the 1.2100 level. On the upside, resistance is located at

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EURUSD Vulnerable, Sees Strong Sell Off

EURUSD faces risk of further pullback following sell of on Monday. Resistance resides at the 1.0950 where a break will turn risk towards the 1.1000 level. A breach of here will target the 1.1050 level. Further up, resistance stands at the 1.1100. Conversely, on the downside, support lies at 1.0850 level with a violation opening the door for further gain towards the 1.0800

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