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GBPUSD Daily Forecast: March 26

GBPUSD Daily Forecast: March 26

GBPUSD Forecast
The GBPUSD attempted to push higher yesterday topped at 1.4953 but closed lower at 1.4879. As you can see on my h1 chart below price is moving sideways without clear direction. The bias is neutral in nearest term. Immediate support is s…

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USDJPY Daily Forecast: March 26

USDJPY Daily Forecast: March 26

USDJPY Forecast
The USDJPY had a bearish momentum yesterday and now struggling around 119.30 support area as you can see on my h4 chart below. The bias is bearish in nearest term especially if price able to make a clear break below 119.30 testing 118.3…

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USDCHF Daily Forecast: March 26

USDCHF Daily Forecast: March 26

USDCHF Forecast
The USDCHF didn’t make significant movement yesterday but overall still able to maintain its bearish intraday bias so far. The bias is bearish in nearest term especially if price able to make a clear break below 0.9550 testing 0.9500 – 0.9450 area. Immediate resistance is seen around 0.9623. A clear break above that area could lead price to neutral zone in nearest term testing 0.9700/30 area.

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GBP/USD: Trading the UK Retail Sales

British Retail Sales is considered one of the most important economic indicators. A reading that is higher than the market forecast is bullish for the British pound. Here are all the details, and 5 possible outcomes for GBP/USD. Published on Thursday at 9:30 GMT.  Indicator Background Retail Sales is the primary gauge of consumer spending, a critical component of economic growth. Traders [&hellip

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