https://fxww.com/eurgbp-shorts-preferred-7870-test/ The Professional Source Fri, 05 Sep 2014 05:57:21 +0000 hourly 1 https://fxww.com/eurgbp-shorts-preferred-7870-test/#comment-108426 Fri, 05 Sep 2014 05:57:21 +0000 http://381c099c8f.nxcli.net/?p=13822#comment-108426 I think so Ray, but it’s also prudent to be cautious with the EUR/USD in freefall. I’m watching 1.6270/80 today and if that holds first-up, then buying with a tightish stop targeting 16450 makes sense to me.

]]> https://fxww.com/eurgbp-shorts-preferred-7870-test/#comment-108425 Fri, 05 Sep 2014 05:43:49 +0000 http://381c099c8f.nxcli.net/?p=13822#comment-108425 Hi Sean, do you think the rout of cable is overdone? No doubt USD is surging but the bulk of the recent slide in sentiment for cable is due to the Scottish referendum which looks overblown? The UK economy is still trotting along very well and BOE seems most likely to raise its rates before the Fed. Once the referendum blows over after 18, do you reckon cable to move back towards 1.66/68?if so, what level do you think is a good long entry or line in the sand for cable? Thanks.

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