GBP/JPY technicals - Breaking key descending trendline

FXStreet (Bali) - GBP/JPY is in the midst of breaking a descending trendline coming from Jan 2 high circa 173.00, with the latest rise driven by BoE Carney headlines, saying he is not ruling out rate hikes ahead of general election.

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Apr 3, 2014

China HSBC services index posts 4-month high

China services activity growth strengthened to a four-month high, after the HSBC China Services Business Activity Index recorded a rise of 51.9 in March, up from 51.0 in February.

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Apr 3, 2014

AUD/USD bouncing back on China

Currently, AUD/USD is trading at 0.9230, down -0.19% on the day, having posted a daily high at 0.9256 and low at 0.9211.

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