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Fed, EUR/USD, GBP/USD, USD/JPY, Gold, Oil, S&P 500 Technical Outlook
video British Pound Price Chart – GBP/USD Daily: chart The British Pound has been defending confluent support all month long at 1.2084/89- a region defined by the objective yearly open and the 78.6% retracement of the yearly range. Price has been contracting just above this threshold with monthly-open resistance now eyed at 1.2199. The focus is on a breakout of this near-term range for guidance into the close of the month. Keep in mind the BoE & Fed interest rate decisions are on tap with US Non-Farm Payrolls slated for Friday- watch the weekly close here. Oil Price Chart – Crude Daily (WTI): chart Oil ... (full story)