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EUR/GBP MACD fails to challenge recent highs

EUR/GBP could be facing downside pressure as its MACD failed to test recent highs.

A bearish divergence between EUR/GBP spot behavior and the MACD over the last few weeks suggests downside vulnerability ahead. Further, the MACD line crossed below its signal line on a 4-hour closing basis, an event that can be interpreted as a bearish omen.

US stocks trending higher ahead of Fed minutes

Major US equity indices opened higher on Wednesday, with the Dow Jones Industrial Average (DJIA) holding in positive territory for the fourth consecut
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Atlanta Fed: GDPNow model forecast for real GDP growth in Q3 is 3.8%

"The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2017 is 3.8 percent on August 16, up from 3.7
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