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Gold hit by strong dollar

FXStreet (Łódź) - Independent Analyst Vladimir Mihaylov observes that the strength of the dollar is weighing on gold again, which reached the support area at 1254.

Key quotes

"If we don't see any EUR recovery soon, the golddownside may continue beyond 1250."

"Upside is limited by 1273 resistance."

"For now indicators on most time frames are bearish."

UK trade and industrial production data expected to be weak in July - TD Securities

Prashant Newnaha, Asia-Pacific Macro Strategist at TD Securities believes that the UK trade and industrial production data will come in on the weak side in July.
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EUR/GBP treading water around 0.80, waiting for UK data

EUR/GBP opened the day at 0.8004, and decided to retreat a bit posting 0.7998 session low in Europe.
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