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March 22, 2012

EURGBP: Upside Attempt Fails, Risk Turns Lower

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EURGBP- A failed attempt on the upside on Wednesday saw EURGBP closing lower. This has turned risk to the downside possibly towards the 0.8263 level, its Jan 16'2012 low with a convincing breach of that level targeting its Aug'2010 low at 0.8141. Further down, support comes in at its 2010 low at 0... FF News: Technical

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