Forex Analysis
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GBP/USD Review – October 8

The GBP/USD currency pair also moved lower on Wednesday, but the situation for the British pound is somewhat different from that of the euro. The pound has spent the last two weeks in a sideways channel. On the daily and weekly timeframes, it is likewise in a flat.
by Jay
Forex Analysis
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EUR/USD Review – October 8

The EUR/USD currency pair on Wednesday predictably resumed its downward movement after a microscopic correction. Yesterday we said the dollar's fall looked like a miracle in the current circumstances. The euro's fall does not look miraculous — the single currency has been falling for a whole month.
by Jay
Forex Analysis
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EUR/USD Review – October 7

The EUR/USD currency pair unexpectedly rose on Tuesday. Of course, nothing lasts forever, but over the past month traders have probably grown unaccustomed to prices moving anything other than down. The fact remains: the US dollar weakened on Tuesday — one of the rare instances over the last month.
by Jay
Forex Analysis
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GBP/USD Review – October 6

The GBP/USD currency pair also traded downward on Monday. Yes, the pound lost less than the euro and hasn't fallen as much over the past week. But look at the GBP/USD chart — how many differences do you see compared with EUR/USD?
by Jay