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GBP/USD spikes to 1-1/2 week tops, around mid-1.4100s…

   •  USD fails to build on early up-move despite resurgent US bond yields.    •  Technical buying, above 1.4120 level, provides an additional boost.     •  Follow-through buying needed to confirm further appreciation. The…

GBP/USD: BoE expectations are firm a prop to…

Analysts at Scotiabank noted that sterling is extending its modestly bullish month-to-date trend.  Key Quotes: "This week’s domestic calendar includes Wednesday’s trade and industrial production releases." "Bank of England rate expectations are firm, with OIS…

GBP/USD: bulls taking control; eyes on the mid…

GBP/USD: better bid and away from the 100-4hr SMA. Higher grounds towards the 100-W SMA on the cards? GBP/USD has been riding the ascending support line since mid-Nov. 2017 with tendencies recently to dip below the…

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