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4 Aug 2014

Gold currently bearish

FXStreet (Łódź) - Independent Analyst Vladimir Mihaylov suggests that gold's new resistance at 1292 will keep it from rising above 1300.

Key quotes

"Once above 1300 another resistance will come at 1306-1310."

"Only above it the upside will be restored and you may enter long for 1331 and 1346."

"Below 1285 gold may lose ground completely."
Aug 4, 2014

Credit Suisse: GBP/USD correction lower to extend further - eFXnews

The eFXnews team remark that Credit Suisse analysts expect GBP/USD's correction to deepen after extending below 61.8% retracement support at 1.6884.
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Aug 4, 2014

Easing in credit availability key driver of post-crisis UK - Goldman Sachs

The Goldman Sachs team of economists suggest that the easing in the availability of credit the from the second half of 2012 onwards resulted in a strengthening of economic recovery in the UK.
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