Comments on: EUR/GBP: Will add to short position if EUR/USD breaks below 1.2350 https://fxww.com/eurgbp-will-add-short-position-eurusd-breaks-1-2350/ The Professional Source Tue, 02 Dec 2014 21:42:34 +0000 hourly 1 By: Sean Lee https://fxww.com/eurgbp-will-add-short-position-eurusd-breaks-1-2350/#comment-123811 Tue, 02 Dec 2014 21:42:34 +0000 http://381c099c8f.nxcli.net/?p=14387#comment-123811 Thanks Ivory, excellent points

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By: Ivory https://fxww.com/eurgbp-will-add-short-position-eurusd-breaks-1-2350/#comment-123810 Tue, 02 Dec 2014 21:39:18 +0000 http://381c099c8f.nxcli.net/?p=14387#comment-123810 Cable looks on a base already gobbling up my several stops…
Regarding EUR, futures contract has formed several great volumes on figures 2480, 2440, 2390, then 2415 consequently and 2405 right now. Such a persistence in forming of those volume levels looked rather bullish, or at least shorts covering. So, I guess the cross may avoid any slide down before ML King day, especially when cable’d build new base lower. The reason might be found in further sluggish explanations of SuperMario about delay in opening of any easing programs, that is still expected by market.

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