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Forex

GBP/USD: Close above resistance at 1.2779/93 needed to ease immediate downside bias – Credit Suisse

GBP/USD is holding above key support from the 1.2590 late June low. Economists at Credit Suisse analyze the pair’s technical outlook. GBP/USD needs to

Forex

GBP/USD falls victim to strong US dollar pick up, slides beneath 1.3600

GBP/USD has dropped back beneath the 1.3600 level in recent trade, not as a function of any UK related domestic news but rather as a result of a broad

Forex

New lows as Nasdaq leads the equity market selling — weekly gain wiped out

<p>It has gotten ugly in equity markets on Friday the 13th.</p><p>The Nasdaq Comp is leading the way lower, down 1.5% while the S&amp;P 500 is down by 0.85%. The drop today wipes

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