EUR/GBP forecast 10 November 2014

FX:EURGBP   Euro / British Pound
81 0
Buy EUR/GBP at the lows

It was a NFP day on Friday which confirmed strong but not excellent US employment data. What may bothers among revised up numbers is that wage growth of only 0.1% fell short markets expectations. I did not play the event on Friday as I was was focused more on Canadian data and GBP/CAD pair especially, which fell sharply that day. However, I will be looking for any long opportunity in EUR/GBP pair as soon as on Monday and AUD/GBP short on Tuesday. Note, that that I am betting against the Cable for the next 2-3 days only and I am going to close all my open trades before Wednesday` BoE Inflation Report.


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