Euro Versus Pound and Franc January 25th

FX Strategy Video > Currency Pairs Analysis

EUR/GBP fell over the session as the 0.84 resistance level reasserted its dominance in this market. The pair is decidedly bearish, and the failure to rise above may have this pair aiming for 0.80 or so over the long term.

The EUR/CHF actually rose during the session as the SNB looms large underneath. The pair is in a consolidation area between 1.21 and 1.24 (roughly), and it looks like that continues in the near term.

Published on 24th of January 2012
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