Wednesday, 12 September 2012

ANZ Sticking With Long EUR/GBP


ANZ sticking with long EUR/GBP from 0.7927, and raising the stop loss to the entry level while keeping its take profit target at 0.82. The bank says it entered the trade on Sept. 6 to take advantage of a broadening EUR short-squeeze. EUR/GBP now at 0.80.

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