Wednesday, December 2, 2009

Barclays Capital: the growth of the euro / pound is coming to The end

Euro / pound on Tuesday fell below the trend line, which runs at the level of 0.9090, and, according to currency analysts Barclays Capital, this is the first sign of fading uptrend pair of minima in the region of 0.8833. The bank believes that a break below 0.9050 would signal the end of growth in euro / pound. In this case, the pair could again fall to a mark of 0.89. Currently, the euro / pound is trading at 0.9055.

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