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Trade Ideas For EUR/USD, USD/JPY, GBP/USD - UBS10 Dec 2014 06:21 EDTBy eFXnews.com Print Email TweetThe following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, and GBP/USD.EUR/USD: remains almost unchanged. We saw decent buying from all sides yesterday but it eventually turned into a huge disappointment. The pair seems to be following USDJPY moves. Stay flexible and only get involved if EURUSD goes below 1.2340 or above 1.2460.USD/JPY: Sell USDJPY rallies towards 119.30-50 with stops above 119.70, for 118.20. EURJPY is a sell on rallies to 147.60-80 with stops above 148.00, targeting 146.50.GBP/USD: Cable initially traded as high as 1.5695 before selling off on the weak UK IP data. The pair may again squeeze higher into the year-end. Buy cable down to 1.5640 with a close stop and fade the rallies in EURGBP.
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