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Currency pair analysis GBP/USD

The GBP/USD pair managed to achieve our first awaited target at 1.3410 and breached it to settle above it. This supports the continuation of our expectations of the dominance of the bullish corrective trend, whose next target is 1.3485.

GBP/USD rate online:  the price movement in real time.

Therefore, …

Gold analysis

Gold price is crawling to the upside, moving away from the 1,797.00 level. This reinforces the expectations of continuing the bullish trend, waiting to test the 1,825.15 level as a next positive target.

The EMA50 supports the expected positive scenario. Note that the breaching of the target level will extend …

Post-holiday trading continues weak trend

News of the day, Monday, December 27th:

China said on Monday that companies in Beijing's sub-sector of foreign investment should seek government approval for overseas listing. The National Development & Reform Commission (NDRC) also said that foreign exchange should not be involved in the operation and management of these companies. …

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