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.:: 21.04.2017

Forex forecast for 21 April 2017.
 

GBP/USD

The pair is consolidating slightly above 1.2800. Today’s Retail Sales Report will show the state of the consumer sector. February report showed an increase of 3.7%. March forecasts are not so positive, but if the report shows better than expected data, the pound will jump to 1.29.

USD/JPY

The pair is trading at the level of 109.36 near yesterday's highs of 109.48. Most likely, the pair will continue to consolidate with a rising trend, possibly to a local resistance of 110.00.

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