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gbpusd

After a wobble in European trade, GBP/USD was better bid in NY on the back not only a weaker dollar but due to the BoE hawks and recent domestic bullish economic data. GBP/USD traded in a range of between 1.4101-1.4171, closing the week off at 1.4152 making for the best gain in eight weeks.

The 200-week moving average is located at 1.4288, (reinforced by the 1.4340/45 recent high and long-term Fibonacci retracement), as a key target through the recent high of 1.4218, ( the 78.6% retracement and a key target through 1.4180 again). A deeper support below 1.4080 comes 1.40 the figure ahead of 1.3890/08, (21-D SMA) and lower, to 1.3840 guards the Feb 9th low is at 1.3765. 

eurusd

EUR/USD was benefitting on safe-haven flows in Friday, entering US trade +0.22% while the DXY was handed over to NY down -0.18% while traders concerns
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Australian PM Turnbull under pressure after Govt loses 29th straight opinion poll

Amid the latest political tensions propping up in Australia, the result of the widely watched opinion poll showed that the Australian PM Turnbull is
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