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Thread: Eur/Gbp

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    EUR/USD: The Euro held on above 1.14160 support in yesterdays session and broke through 1.14280 resistance as indicated in yesterdays update. The pair reached its first target at 1.14465 during the European session and held on above 1.14465 in this morning's trades.

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    The short-term view of the GBP/USD price action in the four hours price chart highlights the direction of the trend and the support and resistance price points

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    The short-term view of the GBP/USD price action in the 60 minutes price chart highlights the direction of the trend and the support and resistance price points

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    Support/ Short-1.28480,1.28065, and 1.27605

    Resistance/ Long - 1.28845, 1.29165, and 1.29420

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    GBP/USD: The Pound currently trades at 1.28510 and could continue to re-test 1.28845 resistance if it remains above 128.480 support. The Pound needs to break away above 1288.45 to continue to the upside. The pair could head down to 128.065 if it fails at 1.28480

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    The British Pound managed to find support at 1.28065 as indicated in yesterdays update and made it back to 1.28735 before retreating to 1.28480 support in this mornings trades.

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    The short-term view of the AUD/USD price action in the four hours price chart highlights the direction of the trend and the support and resistance price points

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    The short-term view of the AUD/USD price action in the 60 minutes price chart highlights the direction of the trend and the support and resistance price points

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Support/short target - 0.72835, 0.72600, and 0.72520

    Resistance/Long Target-0.72990,0.73070,0.73135, and 0.73235

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    AUD/USD: The Australian dollar is currently trading at 0.72916 and needs to maintain above 0.72835 to head back up to 0.72990. If it fails at 0.72835, then we could be looking at 0.72600 for its next support. A break above 0.72990 could drive the Australian dollar back up to 0.73235

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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