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Tuesday 7 September 2010

2010-09-08 00:26 GMT +1

I really like my estimation from today morning,
GU felt lower, same as EU, but those moves don't indicate any negative sentiment in markets, I would rather call it deep breath before next steps forward.
Rise in price of Gold catches my attention, but yet I wouldn't call it escape from risk, rather need to diversify portfolio.

I must admit sharp fall of EURUSD was a surprise for me. I still believe that world can recover from crisis leaving Eurozone behind, and I would accept such a scenario as possible, but it's quite early to announce it.

2010-09-07 8:00 GMT +1

today I see chance for temporary depreciation of GBPUSD, especially break below 1.5350 will open chance for another 25-50 pips fall.

Similar situation with EURUSD, however 1.2775 is a very strong support that will hold if my general bullish sentiment is right.

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