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.:: 09.02.2017

Forex forecast for 9 February 2017.
 

GBP/USD

Pound traded higher after significant fall and made bullish absorption. Now everything is signaling to about trend continuation. We would not advice You from current prices. Better to wait till 1.27, and sell pair from there.

You can view the enlarged chart here.

USD/CAD

Pair didn’t break up downtrend line and is trading below level 1.3160. The main scenario now is fall to support lines 1.3020 or 1.2985, where buy contracts to be made.

You can view the enlarged chart here.

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