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Forex: GBP/USD hits fresh lows ahead of the closing bell

FXstreet.com (Córdoba) - The Cable weakened further and fell toward a marginal new low at the end of the trading session on Friday weighed by market's cautious mood.

Following a recovery attempt that was capped by the 20-hour SMA at the 1.5380 area, GBP/USD resumed the downside and recently hit a low of 1.5341. The pair is currently trading barely above that level where it records a 0.2% daily loss, but remains on track to close the week with a 0.2% gain.

In terms of technical levels, immediate supports could be found at 1.5320 (Apr 11 low) and 1.5300 (psychological level), while resistances are seen at 1.5380 (intraday level) and 1.5410 (Apr 12 high).

Forex Flash: Bullish bias persists in EUR/USD, GBP/USD and USD/JPY – Scotiabank

Ahead in the week, further gains could be in the pipeline for both the euro and the sterling, as the wave of Japanese liquidity would remain the main catalyst for price action. The BoE minutes are expected...
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Forex: USD/CHF recovers ground and test 0.9300

After falling around 50 pips from 0.9330 in the American session, the USD/CHF found support at 0.9280 with the pair trading in range between 0.9285 and 0.9295 in the mid session. But in the latest feww minutes, the USD/CHF has advanced to test the 0.9300 area.
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