Trading Tips:EUR/USD was last at 1.1269, dipping 0.14% for the day. The euro remained under pressure on Tuesday as talks between Greece and its international creditors remained deadlocked and as investors remained cautious ahead of Wednesday’s monetary policy statement from the Federal Reserve. Talks between Greece and European officials ended without an agreement on a cash-for-reforms deal over the weekend, fueling fears over a debt default that would threaten Greece’s future in the euro zone. Europe wants Greece to make spending cuts worth €2 billion in order to secure a deal that will unlock additional funds before its bailout expires at the end of June and it must repay €1.6 billion to the International Monetary Fund.
RECOMMENDATION :
BUY GBP/USD ABOVE 1.5655 TARGET 1.5675 1.5705 SL 1.5625
SELL GBP/USD BELOW 1.5585 TARGET 1.5565 1.5535 SL 1.5615
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