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EUR/GBP trading above .9000

By   || March 1, 2010 at 10:07 GMT
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EUR/GBP has made further gains this morning, presently at .9012 from early .8975.

Just reading a Dow Jones piece. Barclays Capital say with EUR/GBP having breached it’s 50% fibonacci retracement at .9007, it opens way to further gains toward .9230/40.

Barclays expects stops to be tripped  on move above late December high around .9057.

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