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Forex Flash: EUR/GBP poised to continue range bound fashion – RBS

According to Paul Robson, Senior FX Trading Strategist at RBS, “Nothing in price action last week to change our longer-term EUR/GBP view that this cross will continue in a range bound fashion for the remaining six weeks of this quarter. Support is strong around 0.8420 and short term resistance at 0.8590/0.8604.”
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Forex: EUR/USD upside capped around 1.3000

The single currency returned to the area of 1.2975/80 after another unsuccessful attempt to follow through the key resistance at 1.3000 on Tuesday, as the risk-off tone continues to prevail amongst investors...
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