AUTOREFRESH 
EUR/USD back on a two-way street
By Jamie Coleman || September 18, 2009 at 12:25 GMT
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EUR/USD’s London pullback has helped balance the scales a bit as entrenched longs trimmed positions ahead of the weekend, after a very profitable week. The dip was met with fresh buyers, showing the trend remains up, but to my mind, the “easy” money has been made. Now we are in the indeterminate zone where part of the market will be looking for a top and another sizable chunk looking at the stall as merely a consolidation within a strong trend. Both have valid arguments, and we will likely spend a few days determining who is right.
Offers remain on rebounds to the 1.4750/70 area while buyers are seen on dips to 1.4645/50, an increasingly strong support level, having been tested Wednesday and again today. EUR/USD trades mid-range, at 1.4705.
yes on your question about cable
Jamie, that Eurgbp looks interesting here
I was checking out some technicals for somebody here a couple of weeks ago and the target came out to be around 98! Around 94 is the next target. One thing’s for sure, that doggy is heading straight up.