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Wednesday, February 8, 2012

EUR/GBP 08.02.2012


/ On : 12:07 PM
The EUR / GBP was made ​​yesterday pullback to 0.8350 resistance.
The race Currently Operates Under The line of downtrend channel resistance icts oflong-term (purple lines down on the graph).
The Indicators are Somewhat mixed.
We maintain to to address gender based on the key point 0.8350.
- We advise to treat only short positions as the race Will Be Located below 0.8350.
Maintaining the current 0.83 consolidate Under This bearish sentiment.
A break out of 0.8250 Will then offer a new sell signal.
- We advise to trade only long positions as the race Will Be Located Above 0.8350.
A break of 0.84 Will then upward to new buy signal.


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