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Forex: GBP/USD sidelined around 1.4920/25

The sterling is extending a consolidation pattern around the area of 1.4920/25 as we enter the last part of the NA session on Wednesday.
Solid data from the US retail sales hampered the incipient intraday recovery seen in the sterling that pushed the cross above 1.4980

At the moment, GBP/USD is up 0.18% at 1.4926 with the next resistance at 1.5015 (MA10d) ahead of 1.5047 (high Mar.8) and then 1.5083 (high Mar.7).
On the flip side, a breakdown of 1.4832 (low Mar.12) would aim for 1.4803 (low Jun.23 2010) and finally 1.4776 (Lower Bollinger).

Forex: US Dollar Index eyes 83.00 after sales

The greenback, measured by the US Dollar Index, is inching higher on Wednesday, retracing ground after briefly surpassing the key resistance of 83.00...
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Forex: USD/JPY consolidates around 96.00

After a busy morning in NY, the USD/JPY entered a consolidation phase that has extended along the last hours. Strong US retail sales data helped to boost the dollar that reached a high of 96.24 against the yen, but then lost steam and settled in a range.
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