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1. EPIC RESEARCH REPORT
DAILY INTERNATIONAL FOREX
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16-FEB-2015

2. INTERNATIONAL CURRENCY BUZZ
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Forex-Dollar index slips lower as U.S. data still weighs.
Forex-GBP/USD holds steady near more than 1-month highs.
Forex-EUR/USD rises to 1-week highs on upbeat German GDP
GBP/USD
GBP/USDhit 1.5419 during European morning trade, the pair's highest since January 2; the pair subsequently
consolidated at 1.5388.The pound had strengthened on Thursday after the BoE said inflation is likely to fall to zero
in the first half of this year, but added that there was no threat of deflation taking hold in the U.K.In its quarterly
inflation report, the BoE said "it is now more likely than not that CPI inflation will dip briefly below zero at some
point in the first half of 2015,” and remain "close to zero" for most of the year.However, BoE Governor Mark
Carney said there was not threat of persistent deflation as the decline in inflation was due to falling petrol, food
and energy prices.In addition, the bank said it would now consider cutting interest rates below 0.5% if inflation
dips more deeply into negative territory than expected.
EUR/USD
EUR/USD hit 1.1440 during late Asian trade, the pair's highest since February 6; the pair subsequently
consolidated at 1.1425, rising 0.20%.Preliminary data earlier showed that German gross domestic product rose
0.7% in the last quarter, beating expectations for a 0.3% increase and up from a growth rate of 0.1% in the three
months to September.A separate report showed that France's GDP rose 0.1% in the fourth quarter of 2014, in line
with expectations, after the economy grew 0.4% in the previous quarter.The euro had come under pressure after
talks between Greece and European Union officials ended without an agreement on Wednesday, though both
sides said there was still hope for a deal. Further talks are due to be held next Monday.

3. DAILY ECONOMIC DATA
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4. YOUR MINTVISORY Call us at +91-731-6642300
INTRADAY OUTLOOK
Support: 1.5318
Resistance: 1.5420
RECOMMENDATION:
1. Buy GBP/USD Above 1.5422-TG: 1.5442/1.5472 SL 1.5392
2. Sell GBP/USD Below 1.5316-TG: 1.5296/1.5266 SL 1.5346
EUR/USD Hourly Chart
EPIC'S ANALYST SPEAKS
GBP/USD Hourly Chart

5. EPIC'S ANALYST SPEAKS
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EUR/USD Hourly Chart
INTRADAY OUTLOOK
Immediate Support: 1.1361
Immediate Resistance: 1.1459
RECOMMENDATION:
1. Buy EUR/USD Above -1.1461 TG: 1.1481/1.1511 SL 1.1431
2. Sell EUR/USD Below -1.1359 TG:1.1339/1.1309 SL 1.1389

6. DISCLAIMER
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