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EUR/GBP Forecast January 16, 2012, Technical Analysis

posted by Avatar FXEmpire 128 days ago in EUR, GBP, Technical made popular 128 days ago

EUR/GBP fell on Friday as rumors of a French downgrade by S&P made their rounds. The pair saw the Euro fall, and completely reverse the move from Thursday. The pair is sitting just above the 0.82 level, and we think that the next two handles could cause a bit of support going forward. With the actual downgrade coming late in the US session on Frida
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