EUR/GBP fell during the Friday session as the Pound got bought against everything. The Euro was stronger too, but in this contest of ugly currencies, the Pound isn't quite as ugly it seems. The fall is inline with the trend, and looks set to continue down to 0.80 in our opinion.
EUR/CHF is sitting just above the 1.20 "floor" that the Swiss National Bank put in the market. The selling of this pair is only for the foolish at this point, as the SNB will HAVE to intervene if we break lower.
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