Euro & Pound Rally

The Euro and Pound made some nice gains today. Neither have quite made it in to our buy zone yet but we will keep you posted.

Over the last few days we have had a lot of reversals. Not sure if these reversals will hold up but this weeks Comms data will enlighten us.

So many of you have commented on yesterdays post regarding N.V's story. If you have not read it yet then you can do so by clicking here. A question that has been asked a few times now is if N.V comes from a trading background. The answer is no, his background is I.T.

We are indoor sky diving today so will not have any new poisitons to analyze or report today.

Forex Analysts
Javid Shaik & Anne Chapman