peeterwoolf
Member
Looks like Pound set for a strong week.
MACD is still located in the negative zone, but above its signal line, it show very unclear sell signal for the Euro. I'm not sure there would a clear sign for buy or sell until Thursday.
I think a drop in interest rates of 0.1 bp is pencilled in with tomorrow's 10:00am EUR CPI Flash Estimate y/y announcement of 0.5% imo.
I for one will be shorting the pants off the EU with tight stops.![]()
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