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October 29, 2012

EUR/GBP - Challenging support near 0.8023: MIG Bank

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EUR/GBP is challenging the short-term support area between 0.8023 (11/10/2012 low) and the rising trendline. An hourly resistance is at 0.8078 (24/10/2012 low). • We see the rise from 0.7755 as a countertrend move within a long-term downtrend. We need to see a break of the strong resistance ar... FF News: Technical

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