GBP/USD soars through Feb high

Technical Analysis EUR/USD remains buoyant “The possibility of some action in these [May and June] meetings is perhaps only modestly higher, but the action, if any, will be incremental and thus still slightly bearish for EUR/USD heading into ECB next week.” – JPMorgan (based on CNBC) Pair’s Outlook Although it looked as if the support represented by the monthly PP has already been broken, EUR/USD found the strength to negate Tuesday’s losses. Now the pair is once again trading in front of the…

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