March 2nd, 2010 07:09:47 GMT

EUR/GBP tacks on quick 20 points


EUR/GBP is on the march, tacking on a quick 20 points, presently at .9085.  In the back of my mind I’ve got Barclays Capital’s .9230/40 target.  Personally hope they’re going to be right. Cable is down at 1.4855.  It wouldn’t be … Continue reading

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March 1st, 2010 18:31:05 GMT

Here we go again..


With the base of recent ranges at the 1.3460 area holding fast once again, short-term specs are again being squeezed. The next area of resistance now lies up at the 1.3585/90 area. Traders are blaming part of the EUR/USD’s bid … Continue reading


March 1st, 2010 10:07:45 GMT

EUR/GBP trading above .9000


EUR/GBP has made further gains this morning, presently at .9012 from early .8975. Just reading a Dow Jones piece. Barclays Capital say with EUR/GBP having breached it’s 50% fibonacci retracement at .9007, it opens way to further gains toward .9230/40. … Continue reading

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