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November 17, 2011

EUR/GBP a bearish breakout candidate

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The break of a year and a half trendline in the EURGBP shifts focus to a developing channel and former long term resistance trendline. These lines intersect in early 2012 near the 2011 low of 8285. If consolidation resumes above 8600, the expect resistance from 8660. Since the January-June r... FF News: Technical

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