Comments and forex-analytics from FBS Brokerage Company - page 33
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Mizuho: forecasts for EUR/USD and GBP/USD
Analysts at Mizuho Corporate Bank note that during the last 5 days British pound was trading sideways versus its US counterpart getting support from the daily Ichimoku Cloud and Fibonacci retracement levels. The specialists say that the outlook for the pair GBP/USD will become bullish if it closes the week above 1.6350.