Barclays is staying bearish on EUR/USD below 1.2640, looking for 1.2435 and lower next week. Above 1.2640 the bank says it will step aside and allow for gains toward 1.2750 and 1.2850, where strategically the pair becomes a sell again. EUR/USD is now at 1.2570, from the overnight 1.2628 high.
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