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UK: CBI Industrial Trends Survey – Orders contraction slows down in June

FXstreet.com (Barcelona) - The UK CBI Industrial Trends Survey – Orders rose to -18 in June, from -20 in May, according to data released today by the Confederation of British Industry. Analysts expected the indicator to increase to -15.

GBP/JPY higher on data

GBP/JPY spiked from 149.78 on the FOMC comments to reach 151.74 before some minor resistance.
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GBP/USD finds fresh offers

GBP/USD is trading above key support 1.5404 EMA50, printing a low of 1.5410 so far, with indicators in the red. Next support is the 61.8% fib at 1.5377, and 1.5307 as 50%fib, targeting in broader terms 1.5008 and 1.4833 to the down side.
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