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Forex Forums | ForexLasers.com |
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#1
18-03-2012, 12:00
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EUR/GBP
The euro and the pound are being traded around strong supports against the USD. The support for the euro is at 1.30 and might continue to 1.315-1.32, the GBP has support at 1.565, and might rise to 1.58.
The pair has been moving through a narrow channel,the pair is close to 0.83 again and if the current pattern remains, the pair will rise towards 0.84. However, a powerful movement of the GBP might cause a break-down of the support and take it down to 0.82. 
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