EUR/GBP Forecast Nov. 28th, 2011, Technical Analysis

EUR/GBP continued to fall on Friday as traders run from the Euro in general. The Pound is also not very liked at the moment, so the down move in this pair is going to be much slower than you would see in other Euro or Pound related crosses. The 0.85 level looks like it will be visited soon, but to be honest – we would rather sell both of these currencies in other crosses until that level gets broken to the downside.

EUR/GBP Forecast Nov. 28th, 2011, Technical AnalysisEUR/GBP Forecast Nov. 28th, 2011, Technical Analysis

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