There’s life in the old dog yet!
EUR/USD is moving up towards 1.25 and challenging the top of a short term wedge on the daily chart, which comes in around the big figure.
EUR/USD Daily chart 13 11 2014
EUR/GBP also being forced higher in the move and up through the resistance I highlighted yesterday around 0.7900/15.
Bar some possible mild resistance at 0.7940 the pair has the chance of a pretty clear run to the old Feb 2013 support line.
EUR/GBP H4 chart 13 11 2014
If you’re an impatient pound buyer waiting in the wings, looking here for your pound buying fix might be the opportunity you’re after.
