USD/JPY
The
pair is consolidating under the technical correction. Yesterday
it could not go through the resistance 111.80 despite the strengthening of the dollar
across the market. This
means that in the next few sessions the pair will be waiting in the range and
gain strength before a new attempt to growth.
GBP/USD
Yesterday the pound fell almost 100 pips against the dollar after Mark Carney said that it is too early to raise rates, too many questions remain unanswered and it is still not clear how the Brexit process will affect the economy. In other words, the regulator does not want to take risks. Today the pound is consolidating in a narrow range. The nearest support is at the level of 1.2600.
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