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Sterling approach four years high against Dollar

The pound strengthened this morning and rose to the strongest level in seven weeks versus the euro. The BoE minutes this morning will show policy makers are moving closer to raising borrowing costs. 218 more words

Euro

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Hidden Divergence

Lastly, we’ve got hidden bearish divergence. This occurs when price makes a lower high (LH), but the oscillator is making a higher high (HH). 32 more words