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Signs of exhaustion apparent in GBP/USD

Outlined from an hourly perspective, the [pair] is being carried into new low ground but reflecting an extremely low volatility.

Usually associated with the formation of narrow consolidation ranges, there is a chance for volatility to expand again and for price to break out and start a new upward trajectory. Conversely, an extra selloff is also likely should the immediate range support fail.

Traders are advised to maintain a degree of neutrality until a strong break in either direction ensues.

USD/JPY flat-lined around 110.00 mark, awaits key NFP data

The USD/JPY pair extended the consolidative price action and remained within striking distance of multi-week lows refreshed earlier today. At the tim
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