Euro Pound

Good morning and welcome to another week of trading.

I was speaking with a friend of mine last night and he was telling me how he enjoys his weekends. Whenever I call him at the weekend he is generaly out with his wife and more often in a restaraunt. By contrast my weekends are normally spent at the grounds watching my favourite football team. If it wasn't for football I really would find weekends very boring and that is due to the fact the the markets are closed so I always look forward to Mondays.

The Euro Pound has got two signals today. One from the DD strategy and another from the breakout. Which you decide to take is your preference but remember to use a stop loss as always.

Fundamentaly the Euro seems much stronger than the Pound. This could be partly due to the fact we have entered into the inflation zone here in the UK.

We have a some news events out this week so shoud interesting.

Below are todays set ups on DD strategy.



Good trading.

Forex Analysts
Javid Shaik & Anne Chapman