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COT 04/07

Monday, 07 April 2008 16:22:37 GMT

Written by Jamie Saettele, Technical Currency Analyst

Implications: Bearish

COT4_4-7

GBP: The 13 week index rolled over from 100 a few weeks ago and the GBP has declined as expected.  The GBP should accelerate lower in the coming weeks.

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