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US Dollar May Rise on Rate Hike Bets, Euro to Look Past CPI Data
Euro-Zone CPI to Spark EUR/USD Rebound on Sticky Inflation
Commodities Reverses Gains as Dollar Firms after Fed and GDP Data
USD/JPY Technical Analysis: Prices Set New Monthly High
US Dollar Technical Analysis: Monthly Highs Back in Play
EUR/USD Technical Analysis: Seeking Short Trade Opening
FX Reversals: EURUSD Support Update
What Volume & Sentiment Say About AUDJPY Near 18-Month Lows
FX Reversals: USDJPY Attempts Breakout
SSI: Crowds Take Profits on EURUSD-Short Positions
SSI: FOMC Meeting Curbs Retail Appetite for US Dollar Long Positions
SSI: Traders Head into FOMC Meeting Heavily Short Euro
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GBPUSD – Retail forex traders have bought steadily into British Pound weakness, and a contrarian view of crowd sentiment acts as signal that the GBP/USD may continue lower. Continued failure to break above $1.5650 leaves the next near-term target at support in the $1.54-1.55 range, and we’ll remain bearish until we see a material shift in FX sentiment.
See next currency section:USDJPY - US Dollar Expected to Gain Further versus Japanese Yen
--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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