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Forex Flash: GBP/USD confirms resumption of down move with loss of 1.5154 - Commerzbank

FXstreet.com (Barcelona) - The GBP/USD has finally sold off, which confirmed 1.5412/20 (recent high and the 38.2% retracement) as an interim high. “Loss of the 1.5154 uptrend will add weight to the idea that the market has resumed its down move. Below here will trigger losses to the 1.5028 (the 20th March low)”, wrote analyst Karen Jones, pointing to 1.5052 (61.8% retracement) as next support. “A break below here is needed to trigger another leg lower to the 1.4832 March low. Longer term we target 1.4229, the 2010 low”, Jones added.

Forex Flash: Chinese state council signals policy tightening in Q2 - Nomura

Nomura economist Zhiwei Zhang notes that the Chinese State Council have signalled policy tightening in Q2 to contain financial risks.
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Forex Flash: Global growth concerns in focus ahead of G20 meeting - BTMU

Lee Hardman, FX analyst at the Bank of Tokyo Mitsubishi UFJ notes that the traditional safe haven currencies have continued to remain on a firmer footing this week as global growth concerns have intensified in the near term ahead of today´s G20 finance ministers meeting.
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