GBPUSD & AUDCHF Looking Up

by Ashraf Laidi

Feb 5, 2009 12:15

Both GBP and AUD are favored at tthe expense of ... the USD and CHF respectively as renewed attempts at risk-seeking plays are expected. GBPUSD gains seen reaching $1.4720-30s, a break of which stands ripe to call up $1.4950. AUDCHF is equipped with more favorable momentum thereby, likely to garner gains towards the 0.7620s, followed by 0.7720.

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