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September 20, 2012

GBP/USD - Short-term topping process likely underway

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EUR / USD Selling pressure is intensifying. EUR/USD has moved below its short-term support at 1.3022. A move towards the support at 1.2755 (11/09/2012) is now expected. The lack of base formation or sell-off suggests that the current strength in EUR is a rebound within an underlying downtren... FF News: Technical

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