Friday, 20 April 2012

EurGbp& EurUsd..Germany delivers good data..The rest are a shambles

Theres a potential reversal on EurGbp in the offing but not yet confirmed; Following on from posts a few days ago:
German IFO is better than expected but questions for me over France/Hollande and then theres the periphary ..? Eur Usd could go either way and until i see the writing on the wall i am not going to try to second guess short term direction.... but as per last nights post i still favour the downside and if i were a betting man ( which i am not) i would say that we are at the highs above 1.3170 for the day.

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