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Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.

— Marcus Aurelius

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Wednesday, May 27, 2009

euro gbp in for a big move?

BIG triangle..measured move from a break downside would be to 0.7660

about 1.30 € to pound...

good for pensioners and £ earning ex pats!

CONVERSELY a a failed break and a rally back up through the descending trendline may mean parity on the cards again...

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