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A brief update on the EURGBP pair.

Written by Sam Coxhead on October 14th, 2011.      0 comments

3:30 PM (NZT) The EUR has pushed back against the GBP through the course of this week so far. We see the pair back in very familiar ground as the EUR has recovered from the intense pressure it saw a couple of weeks ago. From here I can see a continuation of price action within the broader .8600/.8900 range (1.12301.1630).


The current interbank price is:       .8739 (1.1443)
                                                               
The interbank range on the week to date has been:       .8582/.8787 (1.1380/1.1652)
 

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