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22 Nov 2022

GBP/USD: Ongoing move could persist towards projections near 1.2070 – SocGen

The Pound outperformed G10/USD last week. Economists at Société Générale note that the GBP/USD pair could extend its race higher towards 1.2070.

EUR/GBP may have room to run towards next support around 0.8620

“GBP/USD has affirmed a short-term bounce after cross crossed above the trend line since February. The ongoing move could persist towards projections near 1.2070.”

“The 200-Day Moving Average at 1.2250/1.2300 is a crucial resistance zone.” 

“Lower daily lows suggest EUR/GBP may have room to run towards next support around 0.8620 (GBP/EUR 1.16).”  

 

Nov 22, 2022

Gold Price Forecast: XAU/USD steadily climbs to $1,750 level amid broad-based USD weakness

Gold price regains some positive traction on Tuesday and snaps a four-day losing streak to a one-and-half-week low touched the previous day. The XAU/U
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Nov 22, 2022

Indonesia: Current Account surplus widens in Q3 – UOB

Economist at UOB Group Enrico Tanuwidjaja reviews the latest current account figures in Indonesia. Key Takeaways “Indonesia’s 3Q22 CA position recorde
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