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GBP/USD Price Analysis: Cable moves above flat after finding support at 1.27

Cable has made a lower high lower low wave pattern but just recently found some support. The support level happened to be exactly at the 138.2% Fibona
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USD/CAD clings to strong daily gains above 1.3350

The USD/CAD pair spent the first half of the day fluctuating in a tight range above 1.3300 but regains its traction during the American trading hours.
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