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USD/CNH: Chance to retest the 7.3700 level – UOB Group

US Dollar (USD) is expected to trade in a range between 7.3430 and 7.3615. In the longer run, room for USD to retest the 7.3700 level; it is too early to determine if it can break and remain above this level, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.
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GBP/USD: Next objectives can be located at projections of 1.2220 and 1.2135 – Société Générale

GBP/USD has extended its phase of correction after break below November lows (1.2480), Société Générale’s FX analysts note.
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