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Hot Forecast and Trading Signals for the GBP/USD Pair on August 17. COT Report. US and China Failed to “Revise” the Trade Agreement

The GBP/USD pair was trading approximately the same as the EUR/USD pair on August 14. Therefore, the pound/dollar pair remains in a flat between the levels of 1.3000 and 1.3180. As in the case of the European currency, there are also two support/resistance areas that the pair likes to rebound off: 1.3004-1.3024 and 1.3157-1.3181.
by Sz. Daniela
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Hot Forecast and Trading Signals for the EUR/USD Pair on August 17. COT Report. US Economy Fell Three Times More Than the European One During the Crisis

The euro/dollar pair reached the Kijun-sen and Senkou Span B lines on the hourly timeframe on August 14, which are currently placed exactly in the middle of the 1.17-1.19 side channel. We have clear lower and upper borders of this channel on the current timeframe, expressed in the areas of 1.1703-1.1727 and 1.1886-1.1910.
by Sz. Daniela