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GBP/JPY Technical Analysis: Guppy finds support near 148.50 level

After losing 210 pips on Monday GBP/JPY recouped most of its losses by Friday.  GBP bulls have currently found support near the 148.50 level as they are eyeing the 147.15 supply level.  GBP/JPY 15-minute chart Spot rate:                  148.86 Relative change:       0.19%     High:

Wall Street closes mixed as trade concerns overshadow energy gains

Dow Jones Industrial Average snaps 8-day losing streak. US Pres. Trump threatens 20% tariff on European car imports. Surging oil prices lift energy sector. Major equity indexes in the United States started the day on a positive note on the back of an improved sentiment that was also reflected upon rising European indices but struggled to

EUR/JPY Technical Analysis: Euro bulls gathering strength to break above 128.62

After a steep 185-pip decline on Monday EUR/JPY has almost recouped all of its weekly losses by Friday.  EUR/JPY is evolving in a bull channel and the last hurdle to higher prices is the current week’s high at 128.62. A bull breakout above the level can potentially open the gates to the 129.50 figure and

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