Cabot101Management
Panjang

Eurozone & GBP data today .....

FX:EURGBP   Fx Euro/Pound British
46 0 5
Please read previous Blog dated - 2nd may - 2017

Right so based on some good to neutral data out on the Euro             zone over the last week, along with the ECB ready to start adjusting there outlook, this has caused the EUR bears to hibernate for a bit.
This also had the added push yesterday of the GBP being dampened due to hard brexit talks again , just encase you were wondering for a minute ( "what Good figs released but it spiked then fell off the cliff             for a bit ")
this article should help:

http://news.forexlive.com/!/pound-continues-to-fall-after-inflation-data-spike-20170516

Anyway as we said this is a slow mover, but never the less, we have seen this jump, as stated previously to enjoy some gains, more to come in fact if Euro             zone data due out today prints good numbers so watch this space ......
If it pops the only thing in its way is the next fib 0.786 @ 0.8700 level , it will meet some resistance @ 0.8640 which is where our line is but this is your slow and steady trade if your looking for it .....

Stay tuned ......
Komen: Okay so this is ticking up nicely , all eyes on Draghi's words tomorrow for some insight.

This is also enjoying the cross pairs upward movement, EUR/USD being the focus right now .....
Stay tuned ........
Komen:
snapshot
Perdagangan tutup: hentian tercapai: 85.90 stopped out after GBP figs
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