I believe that flooding in Texas in the USA will cause a lot of damage to the Americas economy, is estimated to already be over 100 billion USD.I believe that the next release of GDP and Retail Sales in the USA will be with the Loser outcome from the previous one, so we can expect a new wave of EUR and GBP growth in the upcoming period.My forecast for future or future this month should mean reaching EUR against USD 1.2500 as the next target, and for GBP I think you should go down to 1.3500 as well.In the event that the GBP continues to fall below 1.2770, it should be expected to continue falling to 1.2500 for GBP.For EUR, I also think that if the price falls below 1.1780, then we should expect a continuation of the downgrade to 1.1600 as an essential support.
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