EURGBP posts 0.7352 as PMI pleases and CPI causes concern

EURGBP has just posted 0.7352 after the German PMI data

It's now risen 200 pips since I first talked about, and bought this pair, with a little proft-taking/jobbing along the way

I've taken more off the table here and will run just a small long balance into the UK CPI, hoping to catch another dip to buy back into, or bagging a few extra pips if not

Offers here in the market between 0.7350-60 supporting strong tech resistance around 0.7356

I hope a few of you joined me on this one and made a few pips, in yet another GBP bearish play but a bit more cunningly disguised!

Currently 0.7343 awaiting CPI AT 09.30 GMT but Eurozone PMI at the top of the hour first

Featured Videos