GBP/USD off lows

The GBP/USD managed to bounce from 2-day lows during the New York session and erased intraday losses to trade nearly flat on the day as investors await the Fed monetary policy decision.
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Flash: EUR/USD: upside remains limited – FXStreet

Valeria Bednarik, chief analyst at FXStreet notes that the EUR/USD upside remains limited as long as below the descendant trend line around 1.3685 and a clear advance above it is required to reverse current short term bearish tone.
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