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GBP/USD Battles Resistance at Level 1.4000, May Resume Uptrend

Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BullishGBP/USD is rising to retest the resistance at level 1.4000. The resistance has remained unbroken since February 25. Meanwhile, on April 20, the pair was resisted but the retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates […]

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Buy Trip.com stock for China recovery play returns

Trip.com, China’s largest online travel agency, produced results roughly in line with analyst estimates at the beginning of March, but investors should look past the predictable 2020 losses to the solid growth prospects for this recovery stock. The Covid pandemic has of course been intensely damaging to the businesses of travel companies, so the EPS […]

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