Cable remains overextended against the greenback as we approach key resistance levels. The 1.2500 level should cap any further gains ahead of the FOMC and BoE meetings.
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Cable remains overextended against the greenback as we approach key resistance levels. The 1.2500 level should cap any further gains ahead of the FOMC and BoE meetings.
from DailyFX – Market News https://bit.ly/3VUupjt
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Forex traders closely watch ISM monthly manufacturing reports. Learn to trade using ISM data.
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EURUSD continues to grind higher as hopes of US peak inflation adds to USD selloff. The current move higher sees little in the way of economic data to reverse course
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The precious metal tested and rejected a multi-month level of resistance but looks to make a fresh attempt in the coming days.
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Learn how to calculate and implement currency carry trades in your forex trading strategy.
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