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Forex: EUR/GBP in session highs around 0.8650

The sterling is intensifying its bearish momentum on Tuesday, testing the 1.5440 level against the greenback while the single currency remains well supported in the vicinity of 1.3350

EUR/GBP is subsequently trading in the upper end of the range, surpassing yesterday highs and eyeing 0.8660 as we enter the last part of the European session.

As of writing, the pair is gaining 0.27% at 0.8655 with the next resistance at 0.8667 (high Feb.14) followed by 0.8684 (high Feb.13) and then 0.8701 (high Feb.4).
On the flip side, a breach of 0.8575 (low Feb.15) would bring 0.8572 (low Feb.13) and finally 0.8568 (MA21d).

Forex Flash: Buy NZD/USD - Nomura

Nomura Strategist Geoffrey Kendrick has highlighted the fundamental reasons that his is structurally bullish NZD/USD.
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Forex: GBP/USD breaks down 1.5435 towards fresh 7-month lows

The Sterling is trading lower today against the US Dollar and following a 60 pips decline in the latest hour from 1.5485, the GBP/USD has broken down the 1.5435 support to reach a fresh lowest level since July 13th at 1.5425.
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