AUD/USD, GBP/USD and USD/JPY resume their ascents post US CPI and FOMC
AUD/USD, GBP/USD and USD/JPY are heading back up again as US inflations slows and despite hawkish FOMC.
GBP/USD targets the $1.10 mark
GBP/USD recovery from its $1.2694 to $1.2676 support zone has taken it to above its early June highs, so far to $1.2861, while having the $1.2894 to $1.2996 zone in its sights.
Minor support is seen at the 22 May high at $1.2761.
USD/JPY bounces back
USD/JPY once again ran out of steam below its late May peak at ¥157.7 and on Wednesday slid to ¥155.72, close to the March-to-June uptrend line at ¥155.56.
As long as it holds, this week's high at ¥157.4 will be in sight.
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