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6 Mar 2018

GBP/USD: headed to 1.3990/00? - Scotiabank

Analysts at Scotiabank noted that sterling gains struggled to really extend through short term resistance in the mid 1.38s yesterday but the early move against the USD today has supported a firmer undertone in GBPUSD.

Key Quotes:

"We see intraday resistance at 1.3940 (40-day MA) and 1.3980 (short-term trend). We still rather think short-term GBP gains are to be faded while the pound remains below 1.3990/00."

Mar 6, 2018

US Dollar finds some support near 89.50

The US Dollar Index (DXY) remains entrenched into the negative territory today, although it found quite decent support in the vicinity of the 89.50 ar
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Mar 6, 2018

EUR/GBP: The Euro trades below 0.9000 ahead of BoE Haldane speech

The EUR/GBP and is now trading at around 0.8920, slightly up 0.14% after rebounding yesterday at its 200-period simple moving average as seen on the d
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