GBP/USD, USD/JPY and EUR/GBP
Here are some of the other markets that I know some of you are in, but I've neglected in favour of the euro today.
We're now only an hour away from the ECB decision, so just a quick run through of some of the others. Jeez, time is getting away from me here!
Kick things off with Cable:
A good bounce out of that support zone, but without a higher high being made, there isn't really a confirmation.
In terms of trading this, there's an argument to be made from both sides and when you can do that, it's never the best idea to take a position. I'll leave this one to you guys.
The Japanese yen:
The yen was in play all throughout Asia, with the BoJ loving a good newswire headline.
I said yesterday that I probably want to play this from the short side, but I'll be waiting for a break back under this support zone and then look to sell rallies. I have a feeling that this one is going to give us some excellent opportunities to short, but again not yet for me.
Lastly on ECB day, the EUR/GBP cross:
Digging the ranges?
