EUR/GBP trades flat after upbeat German data

The common currency traded flat against the British pound, reversing previous losses after German consumer climate improved to highest levels in thirteen years.
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Crude to remain bearish below USD 49 - USD 49.50 – Varengold

According to the Varengold Bank Research Team, Nymex Crude might remain bearish as long as the pair fails to break above the resistance located at USD49 - USD49.50 levels.
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