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DAILY MARKET OUTLOOK on Major Update Time: 15 July 2020 03:30GMT EUR/USD - 1.1410 The single currency's rally to 1.1408 yesterday and intra-day re-test of June's 3-month peak at 1.1422 suggests upmove from 1.0637 (March) would resume after consolidation and extend to 1.1443/45, however, near term l

GBP/USD fails to extend the late-Friday pullback from the lowest since May 29. A descending trend line from June 04 stays on the bears’ radars below 200-bar SMA. Oversold RSI conditions confront bearish MACD signals ahead of the key EU-UK Brexit talks. GBP/USD drops to 1.2335 during the initial Asi