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Last Update: 26th august 2013
The EUR/USD has seen no real change since our last outlook.
The GBP/USD continues to be the strongest pair In the market. It climbed towards the 1.5720 major resistance , where it hit the 200 SMA on the weekly chart.
The pair is staging a downward correction and can reach the 1.5410 support, which can be used as a great buying opportunity.
The USD/JPY is in a triangular pattern on the daily chart. Any break on either side can cause significant movement.
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