Forex: GBP/USD recovery attempt, capped at 1.5175
FXstreet.com (Barcelona) – Pound’s decline from 1.5390 area on Friday extended on Tuesday to 1.5100 area, and the pair attempted to bounce up at European opening, although rejected at 1.5170, the pair has returned to 1.5130 area as market sentiment remains weighed bu debt woes in the Euro Area.
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Forex: USD/JPY upside attempt capped at 90.70 resistance again
FXstreet.com (Barcelona) – The Dollar has stretched higher on European morning time and, after having remained trading sideways between 90.35 and 90.50/60, the pair jumped to 90.70 resistance area, which held firm, and the Greenback bounced back to previous range.
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Forex: EUR/GBP upside attempt, capped 0.9120, losing upside momentum
FXstreet.com (Barcelona) – After yesterday’s rejection from 0.9130 high was contained at 0.9075, the Euro soared again at Tuesday’s European session opening, and from 0.9080/90 area, the pair, surged to 0.9120 session high, to ease back to previous levels shortly afterwards.
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Forex: EUR/USD recovery attempt capped below 1.3700
FXstreet.com (Barcelona) – Euro decline from 1.3800 area on Wednesday found support at 1.3650 at European opening, and the pair attempted to pick up although, capped at 1.3695, the Euro has dropped back to 1.3660/70 area at the moment of writing.
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