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GBP/USD ticking higher after US data

FXstreet.com (London) - GBP/USD has ticked higher after the worse than expected GDP and jobless numbers, 354k against 340kGBP. GDP (Annualised) came in at +2.4% in Q1, below the market consensus of +2.5

The pair had been trading better in the early morning trade and taking out 1.5170 resistance overnight. If the pair can maintain its path, despite an earlier pull back, the next notable topside level 1.5280 triple top.

The jobless date and GCP were pretty much in line, so the BOE next week is going to be gaining more focus with the recent drop off in CPI. There is speculation that the chances of easing have now increased. Next weeks PMIs will be in focus as well.
Intra-day 1.5200 the first level which should hold while 1.5100-15 is first support.

Canada: Current Account deficit at $14.09 billion in Q1

Canadian Current Account deficit narrowed to $14.09 billion during the first quarter, bettering the forecasted deficit at $15.5 billion and up from $14.63 billion deficit in the previous print...
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Canada: Industrial Product Price fell 0.8% in April

Canadian Industrial Product prices contracted 0.8% in April, missing the median at -0.3% and down from March’s print at 0.0%....
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