Monthly Archives: September 2017

GBP/USD forecast for the week of October 2, 2017, Technical Analysis

The British pound had a negative week after initially trying to rally, but as you can see we are very much in an uptrend. I believe there is significant support just below, and although this week might be a bit soft, I think that somewhere near the 1.33 possibly even the 1.3150 level, we will see…

1.20 area is likely to contain rallies in EUR/USD – Rabobank

“We maintain our view that the 1.20 area is likely to contain rallies in EUR/USD until the end of the year and that 1.25 is still achievable on a 12 mth view. However, political developments in both the Eurozone and the US pose risks to the uptrend in EUR/USD,” notes Rabobank Senior FX Strategist…

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