EUR/GBP moving between 0.834 - 0.839 range after the big movement yesterday. There is high chance for this pair to moving up further.. But, it will be wise to wait for the pull back before make long position on this.
For those on long position, be careful if 0.8330 and 0.8345 current support is broken down. It might falling sharp enough and also will be another good chance to get prepared to make a new long position.. For those on short position, be careful if it cross above 0.8410..
Current EUR/GBP pair: 0.837
Some major movement might happen on: (GMT Time)
13 Nov 2008
* 18:30 - ECB Trichet's Speech
14 Nov 2008
* 07:00 - Germany Consumer Price Index (Oct)
* 08:00 - ECB Trichet's Speech
* 10:00 - Europe Consumer Price Index (Oct)
* 10:00 - Europe Gross Domestic Product (Oct)
Thursday, November 13, 2008
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