Hearing that real money has been behind the some of the falls in cable and that’s putting a hop and a skip in the step of EUR/GBP which is up testing the highs again at 0.8455/60. The 200 wma and 100 dma, both at 0.8457 now, are keeping the lid on and the Asian buying Mike mentioned, down towards 1.6250 could keep the hat on EUR/GBP for a little longer.
EUR/GBP daily chart 17 12 2013
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