CURRENCY CENTRAL (fka )

[stack]

eur/gbp broke the downward trendline on the daily a few days ago. But on the hourly chart it is moving down with some support around the .6880 area. So I will watch to see which way it decides to go next week.

I see, there is also a strong support line on eur/gbp at 6869, moving up 2 pips every day on daily. If this is broken to the downside, eur/gbp is in neutral territory imho. And only below 6840 it's bearish imho. However they should provide decent support next week. Will watch for clues as well. Above 6928 is bullish.

About eur/usd, if it moves above 3090-95 I might play it long with tight stops. Imho there is a high risk that this move could be a fast spike that sells of quickly again, unless it gets above 3130...