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ForexGen | Euro, British Pound Break Higher - Further Gains Likely

The euro and British pound surged higher on Tuesday, breaking above key resistance points.More specifically, EUR/USD managed to push above 1.30, a level that has prevented previous recovery attempts in recent weeks. Meanwhile, GBP/USD rallied above the 38.2% fib of 1.6671-1.4557 at 1.5361, which also provided support in the past on October 24, October 27, and November 11. The gains in the euro... [read more]


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