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Penny Stock DD

Short EUR/GBP

September 13, 2011

The EUR/GBP trade has been entered, with significant moves to the downside expected.

The short EUR/GBP position was entered, and is moving towards its first target. Although the pair is trading near the entry point, mainly due to rumors of European bond purchases by China and Russia coupled with dovish commentary from the Bank of England, should these rumors amount to just that – rumors predicated on false pretences – the pair could drop quickly.

Full article here

Regards,

Don

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