dgaddico3

EUR GBP back in Bullish channel but close to top

Short
FX:EURGBP   Euro / British Pound
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EURGBP was looking deciding bearish at the end of last week but the overall effect of the Conservative Party conference has been to drag it back into the Bullish channel up to levels that have resistance going back since the start of the Euro . If youv'e got draw down shorts here would be a good idea going all the way to 90 as they will eventually pay off but my guess is another climb tomorrow to 87000 before going back to at least 85000