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GBP/USD Technical Analysis: Move beyond 200-hour SMA sets the stage for a test of 1.2700 handle

   •  After yesterday's late retracement, the pair regained positive traction on Tuesday and has now broken through over one-week-old descending trend
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USD/CAD corrects from 1-week tops, slips below 1.3400 handle

   •  The ongoing USD retracement from 1-1/2 year tops exerts some pressure.    •  Bearish oil prices undermine Loonie and might help limit further d
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