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GPBUSD Forex News 

GBPUSD Potential To Advance Pound has entered inside the wedge

GBPUSD Potential To Advance GBP-USD At 09:40 GMT, the pair is trading at 1.3126, with the Pound trading 0.24% lower against US Dollar from the New York close. On the data front, UK’s public sector net borrowing posted a surplus in July. The pair witnessed a high of 1.3184 and a low of 1.3107 during the session. Yesterday, the Pound traded marginally higher against the US Dollar in the New York session and ended at 1.3158. Immediate downside, the first support level is seen at 1.3094, while on the upside,…

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USDCAD – Is it a Bearish Wedge? Forex News 

USDCAD – Is it a Bearish Wedge?

USDCAD – Is it a Bearish Wedge? recent updates have stated that “USDCAD upside acceleration is feasible (consolidation could destroy both way), specially thinking about the response from 1.2830s. movements off of this rate produced 2 trending movements in 2015.” A fine bias is warranted at the same time as above 1.2834 but be conscious that trade because the can also low could compose a wedge that gives way to the following down leg within a bearish cycle from the January high.

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