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FOREX: The dollar continues defensive allowing both EUR & GBP to break out of
their respective narrow ranges. GBPUSD breaks the previously hard to overcome
$1.3045/50 area and extends the uptrend to $1.3059. The Apr 17 high & 55-dma
provide additional resistance at $1.3067/92 as focus turns to UK mfg PMI at
- EURUSD squeezes to $1.1226 opening the 21-dma & broken trendline at