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Forex Trading: Sterling very bid with USD seeing a strong offer in EUR/USD...

Posted by Michael FX on Tue, 05/20/2008 - 5:26am in

Sterling very bid with USD seeing a strong offer in EUR/USD. It took Sterling a little bit to catch up but when it did, it did so vehemently. Once again, we are back at levels in Sterling, which on a long term chart indicate further exaggerated range bound moves.