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EG looks bullish targeting higher
Euro / British Pound
Long
EG looks bullish targeting higher
By ShyamalFx
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Updated
Sep 12, 2017
5
Sep 9, 2017
Upcoming Events
+Sept 14 GBP rate decision
+Sept 24 German Elections
+Oct 30 ECB minutes and rate decision
EUR vs GBP
EUR rate 0 GBP rate 0.25 Carry Trade favours GBP
German election is from EUR zone. Probably EURO could get more favoured
BOE hike unlikely
So EUR favours fundamentally I think despite carry trade
Sep 12, 2017
Note
GBP inflation news ahead Expect more inflation.. GBP could get strenthen.. Risky to keep longs at this level
Sep 12, 2017
Order cancelled
Trend Analysis
ShyamalFx
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