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EUR/GBP orders: likely to see some range trading ahead

By   || August 31, 2009 at 22:53 GMT
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Back to more mundane matters. We have mentioned over the last few days that there are some large-ish sell orders at .8860. Now my interbank contacts tell me that there is more interest closer to the market; decent offers around .8820, of the profit-taking variety, and solid bids around .8770, should ensure a session or two of range trading.

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